Trading Report: Today, MGM China Holdings Ltd. (MCHVF) Raised to Overweight at JPMorgan Chase & Co.

Today, MGM China Holdings Ltd. (MCHVF) Raised to Overweight at JPMorgan Chase & Co.

MGM China Holdings Ltd. (OTCMKTS:MCHVF) was upgraded by stock analysts at JPMorgan Chase & Co. from a “neutral” rating to an “overweight” rating in a research note issued on Tuesday.

MCHVF has been the subject of several other research reports. Credit Suisse Group AG cut shares of MGM China Holdings from an “outperform” rating to a “neutral” rating in a report on Friday, September 23rd. Deutsche Bank AG raised shares of MGM China Holdings from a “hold” rating to a “buy” rating in a report on Friday, September 9th.

Shares of MGM China Holdings (OTCMKTS:MCHVF) traded down 1.82% on Tuesday, reaching $2.16. 20,000 shares of the company traded hands. The stock has a market capitalization of $8.21 billion and a price-to-earnings ratio of 23.48. MGM China Holdings has a 1-year low of $1.04 and a 1-year high of $2.20. The company has a 50-day moving average of $1.81 and a 200-day moving average of $1.55.

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