Melco International Development Ltd. (OTCMKTS:MDEVF - Get Free Report) shares saw unusually-strong trading volume on Thursday . Approximately 7,500 shares traded hands during trading, an increase of 101% from the previous session's volume of 3,724 shares.The stock last traded at $0.66 and had previously closed at $0.66.
Melco International Development Price Performance
The stock's 50 day moving average price is $0.61 and its 200 day moving average price is $0.56. The company has a current ratio of 0.61, a quick ratio of 0.59 and a debt-to-equity ratio of 6.48.
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
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.
