Free Trial

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

Melco International Development logo with Consumer Discretionary background
Remove Ads

Melco International Development Limited (OTCMKTS:MDEVF - Get Free Report) shares passed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $0.56 and traded as low as $0.51. Melco International Development shares last traded at $0.54, with a volume of 21,500 shares trading hands.

Melco International Development Trading Up 2.4 %

The business's fifty day moving average price is $0.56 and its 200-day moving average price is $0.60. The company has a debt-to-equity ratio of 5.64, a quick ratio of 0.67 and a current ratio of 0.69.

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.

Read More

Should You Invest $1,000 in Melco International Development Right Now?

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

7 Stocks to Buy And Hold Forever Cover

Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.

Get This Free Report
Like this article? Share it with a colleague.
Remove Ads

Featured Articles and Offers

Is There Still Money in AI? How to Invest in the Next Big Wave

Is There Still Money in AI? How to Invest in the Next Big Wave

The AI sector has taken a hit, but is the opportunity gone? Shah Gilani breaks down the current state of AI stocks and the next AI company with 10x potential.

Related Videos

5 Stocks to BUY NOW in March 2025
Marjorie Taylor Greene Bought THOUSANDS in Tesla Stock
Nuclear Energy’s Comeback: 7 Stocks to Watch in 2025

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines

Remove Ads