Melco International Development Ltd. (OTCMKTS:MDEVF – Get Free Report)’s stock price hit a new 52-week low during mid-day trading on Friday . The stock traded as low as $0.3925 and last traded at $0.3925, with a volume of 2250 shares changing hands. The stock had previously closed at $0.4687.
Melco International Development Stock Performance
The business has a 50 day moving average of $0.47 and a 200 day moving average of $0.51.
Melco International Development Company Profile
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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