Melco International Development Limited (OTCMKTS:MDEVF - Get Free Report)'s share price crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $0.52 and traded as low as $0.46. Melco International Development shares last traded at $0.46, with a volume of 1,000 shares traded.
Melco International Development Stock Performance
The business's 50-day moving average is $0.52 and its two-hundred day moving average is $0.58. 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.
See Also
Before you consider Melco International Development, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Melco International Development wasn't on the list.
While Melco International Development currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Enter your email address and below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
