Melco International Development Limited (OTCMKTS:MDEVF – Get Free Report) shares traded down 1.7% during mid-day trading on Wednesday . The company traded as low as $0.60 and last traded at $0.60. 300 shares changed hands during mid-day trading, a decline of 93% from the average session volume of 4,611 shares. The stock had previously closed at $0.61.
Melco International Development Stock Down 1.7 %
The company has a 50-day moving average price of $0.65 and a 200 day moving average price of $0.67. The company has a quick ratio of 0.67, a current ratio of 0.69 and a debt-to-equity ratio of 5.64.
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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