Melco International Development (OTCMKTS:MDEVF) Share Price Passes Above 50 Day Moving Average – Should You Sell?

Melco International Development Limited (OTCMKTS:MDEVFGet Free Report)’s share price passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $0.56 and traded as high as $0.58. Melco International Development shares last traded at $0.58, with a volume of 1,000 shares.

Melco International Development Trading Down 5.6 %

The company has a debt-to-equity ratio of 5.64, a current ratio of 0.69 and a quick ratio of 0.67. The business has a 50 day simple moving average of $0.55 and a 200 day simple moving average of $0.60.

Melco International Development Company Profile

(Get Free Report)

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.

Read More

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.