Melco International Development (OTCMKTS:MDEVF) Shares Down 1.7% – Here’s Why

Melco International Development Limited (OTCMKTS:MDEVFGet Free Report) traded down 1.7% during trading on Wednesday . The company traded as low as $0.60 and last traded at $0.60. 300 shares changed hands during 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 fifty day moving average of $0.65 and a two-hundred day moving average of $0.67. 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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