Melco International Development Ltd. (OTCMKTS:MDEVF – Get Free Report) shares saw strong trading volume on Tuesday . 10,000 shares traded hands during mid-day trading, an increase of 196% from the previous session’s volume of 3,383 shares.The stock last traded at $0.5120 and had previously closed at $0.57.
Melco International Development Stock Performance
The company has a current ratio of 0.58, a quick ratio of 0.57 and a debt-to-equity ratio of 6.50. The company has a fifty day moving average price of $0.58 and a two-hundred day moving average price of $0.63.
About Melco International Development
Melco International Development Limited is a Hong Kong–based investment holding company with diversified interests across property development, hospitality, gaming and entertainment sectors in Asia. The company pursues opportunities in integrated resort operations, property investment and development projects, leveraging its background in real estate to support long-term growth.
Through its controlling stake in Melco Resorts & Entertainment, Melco International is involved in the design, development and operation of world-class integrated resorts.
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