Melco International Development Ltd. (OTCMKTS:MDEVF – Get Free Report) shares hit a new 52-week low on Monday . The stock traded as low as $0.3918 and last traded at $0.3918, with a volume of 16600 shares changing hands. The stock had previously closed at $0.4196.
Analyst Upgrades and Downgrades
Separately, CICC Research cut Melco International Development to a “market perform” rating in a report on Sunday. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, the stock presently has a consensus rating of “Hold”.
Check Out Our Latest Report on Melco International Development
Melco International Development Trading Down 7.9%
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.
Featured Stories
- Five stocks we like better than Melco International Development
- Looking Beyond CrowdStrike? 3 AI Security Stocks Stand Out
- 5 Recession-Proof Stocks Hiding in Cardboard Boxes
- These 5 Dividend Stocks Show Why Income Investing Still Matters
- The Quantum Race Is Heating Up—And 2 Small Players Stand Out
Receive News & Ratings for Melco International Development Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Melco International Development and related companies with MarketBeat.com's FREE daily email newsletter.
