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Melco International Development (OTCMKTS:MDEVF) Trading Up 7.7% - Time to Buy?

Melco International Development logo with Consumer Discretionary background

Melco International Development Ltd. (OTCMKTS:MDEVF - Get Free Report) was up 7.7% during mid-day trading on Monday . The company traded as high as $0.65 and last traded at $0.65. Approximately 500 shares changed hands during trading, a decline of 86% from the average daily volume of 3,513 shares. The stock had previously closed at $0.61.

Melco International Development Stock Up 1.1%

The company has a current ratio of 0.61, a quick ratio of 0.59 and a debt-to-equity ratio of 6.48. The stock has a fifty day simple moving average of $0.54 and a 200-day simple moving average of $0.54.

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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