Melco International Development Ltd. (OTCMKTS:MDEVF – Get Free Report) saw unusually-strong trading volume on Tuesday . Approximately 10,000 shares changed hands during trading, an increase of 196% from the previous session’s volume of 3,383 shares.The stock last traded at $0.5120 and had previously closed at $0.57.
Melco International Development Trading Down 6.1%
The company has a debt-to-equity ratio of 6.50, a current ratio of 0.58 and a quick ratio of 0.57. The firm’s fifty day moving average price is $0.59 and its 200 day moving average price is $0.63.
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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