Melco International Development Ltd. (OTCMKTS:MDEVF - Get Free Report) gapped down before the market opened on Wednesday . The stock had previously closed at $0.68, but opened at $0.63. Melco International Development shares last traded at $0.66, with a volume of 25,000 shares trading hands.
Melco International Development Trading Down 7.3%
The firm's 50-day moving average price is $0.61 and its 200 day moving average price is $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
(
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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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