Melco International Development Ltd. (OTCMKTS:MDEVF - Get Free Report) fell 15.3% during mid-day trading on Wednesday . The company traded as low as $0.46 and last traded at $0.46. 3,000 shares changed hands during trading, an increase of 2,999,900% from the average session volume of 0 shares. The stock had previously closed at $0.55.
Melco International Development Price Performance
The business has a 50 day moving average of $0.53 and a 200-day moving average of $0.55. The company has a debt-to-equity ratio of 6.48, a quick ratio of 0.59 and a current ratio of 0.61.
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.
Read More
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Melco International Development, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Melco International Development wasn't on the list.
While Melco International Development currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.