Melco International Development Ltd. (OTCMKTS:MDEVF – Get Free Report) shares gapped up prior to trading on Thursday . The stock had previously closed at $0.46, but opened at $0.49. Melco International Development shares last traded at $0.49, with a volume of 1,510 shares.
Melco International Development Stock Performance
The company has a quick ratio of 0.59, a current ratio of 0.61 and a debt-to-equity ratio of 6.48. The company’s 50 day simple moving average is $0.53 and its 200-day simple moving average is $0.55.
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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