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Melco International Development (OTCMKTS:MDEVF) Stock Price Passes Above 50 Day Moving Average - Should You Sell?

Melco International Development logo with Consumer Discretionary background
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Melco International Development Limited (OTCMKTS:MDEVF - Get Free Report) shares passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $0.56 and traded as high as $0.58. Melco International Development shares last traded at $0.58, with a volume of 1,000 shares changing hands.

Melco International Development Stock Performance

The company has a debt-to-equity ratio of 5.64, a current ratio of 0.69 and a quick ratio of 0.67. The firm has a 50-day moving average of $0.55 and a 200 day moving average of $0.60.

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.

Further Reading

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