Melco International Development Ltd. (
OTCMKTS:MDEVF -
Get Free Report) was the target of a large decrease in short interest during the month of July. As of July 31st, there was short interest totaling 300 shares, adecreaseof99.9% from the July 15th total of 209,800 shares. Based on an average daily volume of 500 shares, the short-interest ratio is currently 0.6 days. Currently,0.0% of the company's shares are short sold. Currently,0.0% of the company's shares are short sold. Based on an average daily volume of 500 shares, the short-interest ratio is currently 0.6 days.
Melco International Development Trading Up 1.2%
Shares of Melco International Development stock traded up $0.01 during trading hours on Thursday, hitting $0.62. The company's stock had a trading volume of 5,000 shares, compared to its average volume of 2,025. Melco International Development has a twelve month low of $0.40 and a twelve month high of $0.75. The firm has a fifty day moving average of $0.62 and a 200-day moving average of $0.56. The company has a debt-to-equity ratio of 6.48, a quick ratio of 0.59 and a current ratio of 0.61.
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.
See Also
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
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
Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
MarketBeat All Access