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Melco International Development (OTCMKTS:MDEVF) Shares Pass Above Fifty Day Moving Average - Time to Sell?

Melco International Development logo with Consumer Discretionary background

Melco International Development Ltd. (OTCMKTS:MDEVF - Get Free Report) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $0.54 and traded as high as $0.61. Melco International Development shares last traded at $0.61, with a volume of 500 shares changing hands.

Melco International Development Price Performance

The stock has a fifty day moving average of $0.54 and a two-hundred day moving average of $0.54. The company has a quick ratio of 0.59, a current ratio of 0.61 and a debt-to-equity ratio of 6.48.

Melco International Development Company Profile

(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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