Melco International Development Limited (OTCMKTS:MDEVF – Get Free Report)’s stock price hit a new 52-week low during trading on Thursday . The stock traded as low as $0.48 and last traded at $0.54, with a volume of 19500 shares trading hands. The stock had previously closed at $0.55.
Melco International Development Price Performance
The business’s 50 day moving average is $0.62 and its 200 day moving average is $0.62. The company has a debt-to-equity ratio of 5.64, a current ratio of 0.69 and a quick ratio of 0.67.
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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