Melco International Development Ltd. (OTCMKTS:MDEVF - Get Free Report) shares dropped 7.3% during trading on Friday . The company traded as low as $0.62 and last traded at $0.62. Approximately 2,500 shares were traded during trading, a decline of 32% from the average daily volume of 3,703 shares. The stock had previously closed at $0.66.
Melco International Development Trading Up 1.2%
The stock's 50-day moving average is $0.62 and its 200 day moving average 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
(
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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.
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