Melco International Development (OTCMKTS:MDEVF) Shares Down 4.5% – What’s Next?

Melco International Development Limited (OTCMKTS:MDEVFGet Free Report) fell 4.5% on Thursday . The stock traded as low as $0.64 and last traded at $0.64. 2,500 shares changed hands during mid-day trading, a decline of 49% from the average session volume of 4,891 shares. The stock had previously closed at $0.67.

Melco International Development Price Performance

The stock has a fifty day moving average price of $0.65 and a 200-day moving average price of $0.65. The company has a current ratio of 0.69, a quick ratio of 0.67 and a debt-to-equity ratio of 5.64.

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.

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