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Melco International Development (OTCMKTS:MDEVF) Shares Gap Up - Should You Buy?

Melco International Development logo with Consumer Discretionary background

Melco International Development Ltd. (OTCMKTS:MDEVF - Get Free Report) gapped up before the market opened on Wednesday . The stock had previously closed at $0.66, but opened at $0.70. Melco International Development shares last traded at $0.70, with a volume of 500 shares traded.

Melco International Development Trading Up 6.5%

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 has a 50-day moving average of $0.55 and a two-hundred day moving average of $0.54.

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.

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