NEW YORK (AVAFIN) -- In an effort to determine if stock trades will be profitable, investors often assess block trades data used by both large and
small institutions. By the end of the market session, financial institutions exchanged 25 block trades.
Further analysis into yesterdays's trading activity reveal that 239,669 shares were bought and 272,079
shares were sold, yielding a 0.88 bought/sold ratio.
View all Block Trading Activities
A deeper look into options trading also reveals that traders hedged their positions with options
where 16,639 put and 4,371 call contracts exchanged hands leading to a 3.81
MGM Resorts International is currently trading at $12.43, down $0.06 (0.48%) in today's trading
session. The shares of the stock were trading between $12.33 and $12.59. Performance indicators show that the stock has gained 0.97% within the last week.
Todays's volume of 6M shares is less than the average volume of 11M
shares. MGM is trading below the 50 day moving average and
higher than the 200 day moving average.
MGM Resorts International is a holding company, which through its wholly-owned subsidiaries, owns and/or operates casino resorts.