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Melco International Development (OTCMKTS:MDEVF) Reaches New 1-Year Low - Here's Why

Melco International Development logo with Consumer Discretionary background
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Melco International Development Limited (OTCMKTS:MDEVF - Get Free Report)'s share price reached a new 52-week low during trading on Monday . The company traded as low as $0.43 and last traded at $0.44, with a volume of 3000 shares traded. The stock had previously closed at $0.52.

Melco International Development Stock Up 4.1 %

The company has a 50 day moving average of $0.53 and a 200 day moving average of $0.60. The company has a debt-to-equity ratio of 5.64, a current ratio of 0.69 and a quick ratio of 0.67.

Melco International Development Company Profile

(Get Free Report)

Melco International Development Limited, an investment holding company, engages in the leisure and entertainment business in Macau, the Philippines, Cyprus, and Japan. It operates in two segments: Casino and Hospitality, and Others. The company develops, owns, and operates a network of casino gaming and entertainment casino resorts.

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