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Volume Buzzers Of the Resorts & Casinos Industry – MGM Resorts International (NYSE:MGM), Melco Crown Entertainment Ltd (ADR) (NASDAQ:MPEL)

on 27/03/2013

New York, NY – (Net PR News) – 03/27/2013–smartOTCis the premiere destination for Investors and novices alike who wish to receive information on fast moving OTC stocks and undiscovered companies. Most of these companies are considered penny stocks and trade on the Pink Sheet or OTC BB market. Our daily alerts help investors cut their research time in half as we send out small cap and penny stock alerts that are displaying signs of a potential rally.

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SmartOTC brings a special trend analysis of these stocks:  MGM Resorts International (NYSE:MGM), Melco Crown Entertainment Ltd (ADR) (NASDAQ:MPEL)

Resorts & Casinos Industry of the Services Sector is in the news. MGM Resorts International (NYSE:MGM) remained a top volume stock in its industry and Melco Crown Entertainment Ltd (ADR) (NASDAQ:MPEL) gained attention of investors during the previous trade and was moving up.

MGM Resorts International was moving upward during the previous trading session. MGM Resorts International (NYSE:MGM) reported opening at the price of $13.16 and its closing price for the day was $13.14.

What Are MGM’s Charts Signaling for Traders? Find Out Here

MGM Resorts International’s current market capitalization stands at $6.43 billion, along with 489.30 million shares. MGM’s total trading volume for the day was 10,282,100 shares, versus its average volume of 11.27 million shares.

If we look at the previous 5 day’s performance of the stock, it remained decreasing with the drop of -0.15%. In its last one month’s trade it surged 5.29%.

The 52-week price range of the stock remained $8.83 – $14.80, while during last trade its minimum price was $13.07 and it gained its highest price of $13.30.

Should MGM be a Buy or Sell Now? Find Out Here

Melco Crown Entertainment Ltd (ADR) (NASDAQ:MPEL) unveiled that, as a Chief Operating Officer of its subsidiary, Melco Crown Philippines, Dato’ Kevin Sim has been appointed. He will join Melco Crown Philippines, on 29th April, 2013.

Another Resorts & Casinos Company, Melco Crown Entertainment Ltd (ADR) (NASDAQ:MPEL), reported to close at $23.08 with the total traded volume of 4,474,100 shares. The stock’s opening price was $22.90.

Can  MPEL Show a Strong Recovery? Find out in This Research Report

The 52-week price range of the stock remained $9.13 – $23.12, while during last trade its minimum price was $22.60 and it gained its highest price of $23.12.

The company has a total of 552.69 million outstanding shares and its total market capitalization is $12.76 billion. Company’s last 5 days shows an uptrend of 12.34%.

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Source: smartotc Posted Wed, March 27, 2013 13:47 - Permalink