Melco International Development (OTCMKTS:MDEVF) Stock Passes Above 50 Day Moving Average – Here’s What Happened

Melco International Development Limited (OTCMKTS:MDEVFGet Free Report)’s stock price passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $0.56 and traded as high as $0.58. Melco International Development shares last traded at $0.58, with a volume of 1,000 shares traded.

Melco International Development Stock Up 0.6 %

The company has a 50 day moving average price of $0.56 and a 200-day moving average price of $0.60. The company has a quick ratio of 0.67, a current ratio of 0.69 and a debt-to-equity ratio of 5.64.

About Melco International Development

(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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