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In trading on Wednesday, shares of MGM Resorts International (NYSE:MGM) crossed below their 200 day moving average of $13.12, changing hands as low as $12.89 per share. MGM Resorts International shares are currently trading down about 4.2% on the day. The chart below shows the one year performance of MGM shares, versus its 200 day moving average:
Looking at the chart above, MGM's low point in its 52 week range is $8.92 per share, with $16.94 as the 52 week high point — that compares with a last trade of $12.89.
MGM operates in the Hotels, Lodging, Restaurants & Travel sector, among companies like Hertz Global Holdings Inc (NYSE:HTZ) which is off about 3% today, and Darden Restaurants, Inc. (NYSE:DRI) trading lower by about 1.2%. Below is a three month price history chart comparing the stock performance of MGM, versus HTZ and DRI.
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