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Melco International Development (OTCMKTS:MDEVF) Stock Crosses Below Fifty Day Moving Average - What's Next?

Melco International Development logo with Consumer Discretionary background

Melco International Development Limited (OTCMKTS:MDEVF - Get Free Report) shares crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $0.57 and traded as low as $0.53. Melco International Development shares last traded at $0.53, with a volume of 1,000 shares traded.

Melco International Development Price Performance

The company has a debt-to-equity ratio of 5.64, a quick ratio of 0.67 and a current ratio of 0.69. The firm has a 50 day moving average price of $0.57 and a two-hundred day moving average price of $0.60.

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.

Further Reading

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