Melco International Development Ltd. (OTCMKTS:MDEVF – Get Free Report)’s share price shot up 7.7% during mid-day trading on Monday . The stock traded as high as $0.65 and last traded at $0.65. 500 shares changed hands during trading, a decline of 86% from the average session volume of 3,513 shares. The stock had previously closed at $0.61.
Melco International Development Stock Performance
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 company’s 50-day moving average price is $0.54 and its two-hundred day moving average price is $0.54.
About Melco International Development
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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