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Melco International Development (OTCMKTS:MDEVF) Reaches New 12-Month Low - Here's Why

Melco International Development logo with Consumer Discretionary background

Melco International Development Limited (OTCMKTS:MDEVF - Get Free Report) reached a new 52-week low during trading on Wednesday . The company traded as low as $0.40 and last traded at $0.40, with a volume of 1523 shares trading hands. The stock had previously closed at $0.48.

Melco International Development Stock Performance

The company's fifty day moving average price is $0.52 and its two-hundred day moving average price is $0.59. The company has a current ratio of 0.69, a quick ratio of 0.67 and a debt-to-equity ratio of 5.64.

About Melco International Development

(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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