Melco International Development Limited (OTCMKTS:MDEVF – Get Free Report) fell 1.7% during mid-day trading on Wednesday . The stock traded as low as $0.60 and last traded at $0.60. 300 shares were traded 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 stock has a 50 day moving average of $0.65 and a 200-day moving average of $0.67. 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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