Shares of Melco International Development Limited (OTCMKTS:MDEVF – Get Free Report) dropped 1.7% on Wednesday . The stock traded as low as $0.60 and last traded at $0.60. Approximately 300 shares traded hands during trading, a decline of 93% from the average daily volume of 4,611 shares. The stock had previously closed at $0.61.
Melco International Development Trading Down 1.7 %
The company 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 quick ratio of 0.67 and a current ratio of 0.69.
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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