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Melco International Development (OTCMKTS:MDEVF) Shares Cross Above 50 Day Moving Average - Should You Sell?

Melco International Development logo with Consumer Discretionary background

Shares of Melco International Development Limited (OTCMKTS:MDEVF - Get Free Report) crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $0.51 and traded as high as $0.55. Melco International Development shares last traded at $0.55, with a volume of 1,000 shares.

Melco International Development Price Performance

The company has a debt-to-equity ratio of 5.64, a current ratio of 0.69 and a quick ratio of 0.67. The business's 50-day moving average price is $0.51 and its 200 day moving average price is $0.56.

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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