Skycity Entertainment traded at 0.81 this Tuesday February 24th, decreasing 0.02 or 2.41 percent since the previous trading session. Looking back, over the last four weeks, Skycity Entertainment lost 16.49 percent. Over the last 12 months, its price fell by 37.69 percent. Looking ahead, we forecast Skycity Entertainment to be priced at 0.80 by the end of this quarter and at 0.75 in one year, according to Trading Economics global macro models projections and analysts expectations.
SKYCITY Entertainment Group Ltd is a New Zealand-based tourism, leisure and entertainment company. The Company operates entertainment complexes in Auckland, Hamilton and Queenstown, New Zealand and Adelaide, Australia. Its segments include SKYCITY Auckland, Rest of New Zealand, SKYCITY Adelaide and International Business. SKYCITY Auckland includes casino operations, hotels and convention, food and beverage, car parking, Sky Tower and other related activities. Rest of New Zealand includes its operations at SKYCITY Hamilton, SKYCITY Queenstown, SKYCITY Wharf and Associates. SKYCITY Adelaide includes casino operations and food and beverage. International Business segment is made up of international customers sourced mainly from Asia. It operates casinos, restaurants, bars and conference facilities. It also offers hotel accommodation in Auckland, New Zealand.