Free Trial

Melco International Development (OTCMKTS:MDEVF) Reaches New 1-Year Low - Here's Why

Melco International Development logo with Consumer Discretionary background

Melco International Development Limited (OTCMKTS:MDEVF - Get Free Report)'s share price reached a new 52-week low during trading on Monday . The company traded as low as $0.43 and last traded at $0.44, with a volume of 3000 shares traded. The stock had previously closed at $0.52.

Melco International Development Stock Up 4.1 %

The company has a 50 day moving average of $0.53 and a 200 day moving average of $0.60. 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.

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

13 Stocks Institutional Investors Won't Stop Buying Cover

Which stocks are hedge funds and endowments buying in today's market? Enter your email address and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying now.

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

Featured Articles and Offers

Recent Videos

5 Stocks to BUY NOW in May 2025
3 Stocks Offering Rare Generational Buying Opportunities
Make Your Money Work Harder: The Power of Dividend Investing

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines