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Melco International Development (OTCMKTS:MDEVF) Shares Gap Down - What's Next?

Melco International Development logo with Consumer Discretionary background

Melco International Development Ltd. (OTCMKTS:MDEVF - Get Free Report)'s stock price gapped down before the market opened on Thursday . The stock had previously closed at $0.70, but opened at $0.67. Melco International Development shares last traded at $0.67, with a volume of 1,000 shares.

Melco International Development Trading Down 5.0%

The company has a debt-to-equity ratio of 6.48, a quick ratio of 0.59 and a current ratio of 0.61. The company's 50 day moving average is $0.57 and its 200 day moving average is $0.55.

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

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