Galaxy Entertainment Group (OTCMKTS:GXYEF) was downgraded by investment analysts at JPMorgan Chase & Co. from an “overweight” rating to a “neutral” rating in a report released on Wednesday, The Fly reports.
Separately, Morgan Stanley raised Galaxy Entertainment Group from an “equal weight” rating to an “overweight” rating in a research report on Monday, May 24th.
Shares of OTCMKTS:GXYEF opened at $5.95 on Wednesday. Galaxy Entertainment Group has a 52 week low of $5.53 and a 52 week high of $9.90. The business has a fifty day simple moving average of $6.73 and a 200-day simple moving average of $7.97.
Galaxy Entertainment Group Limited, an investment holding company, engages in the gaming and entertainment, and construction materials businesses in Macau, Hong Kong, and Mainland China. The company operates casino games of chance or games of other forms; and provides hospitality and related services.
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