Galaxy Casino Stock Price
Stock analysis for Sands China Ltd (1928:Hong Kong) including stock price, stock chart, company news, key statistics, fundamentals and company profile. Macau casino operator Galaxy Entertainment Group Ltd posted a 29 percent rise in profit for 2018 due to robust demand from gamblers in the world's biggest casino hub. BRIEF-Galaxy Entertainment. The number of stocks hitting 52-week highs exceeds the number hitting lows and is at the upper end of its range, indicating extreme greed. The S&P 500 is 8.76% above its 125-day average. Find the latest GALAXY ENT (0027.HK) stock quote, history, news and other vital information to help you with your stock trading and investing.
Galaxy Casino Stock Price Today
Galaxy Casino Stock Price History
Today’s pullback in Macao gaming companies’ share prices of 3.2%-6.5% was largely driven by the news of rising COVID-19 cases in Hong Kong and the delay of an air travel bubble between Hong Kong and Singapore, which has dampened market sentiment. However, we expect limited impacts to the sector’s near-term outlook and long-term prospects, which are primarily driven by recovery of tourism traffic from mainland China, as well as China’s expanding prosperity. We maintain both our earnings forecasts and fair value estimates for the six Macao gaming companies. We continue to expect Macao's gaming sector to return to profitability in the fourth quarter of 2020, and a full recovery to pre-pandemic 2019 levels by early 2022, underpinned by our base case view for a COVID-19 vaccine to be available by mid-2021.