Melco International Development Ltd. (OTCMKTS:MDEVF – Get Free Report) gapped down before the market opened on Monday . The stock had previously closed at $0.57, but opened at $0.5450. Melco International Development shares last traded at $0.5450, with a volume of 1,000 shares traded.
Melco International Development Stock Down 4.4%
The firm has a 50-day moving average price of $0.60 and a two-hundred day moving average price of $0.63. The company has a debt-to-equity ratio of 6.50, a quick ratio of 0.57 and a current ratio of 0.58.
Melco International Development Company Profile
Melco International Development Limited is a Hong Kong–based investment holding company with diversified interests across property development, hospitality, gaming and entertainment sectors in Asia. The company pursues opportunities in integrated resort operations, property investment and development projects, leveraging its background in real estate to support long-term growth.
Through its controlling stake in Melco Resorts & Entertainment, Melco International is involved in the design, development and operation of world-class integrated resorts.
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