Melco International Development (OTCMKTS:MDEVF) Reaches New 52-Week High at $1.42

Melco International Development Limited (OTCMKTS:MDEVFGet Rating) hit a new 52-week high during mid-day trading on Friday . The company traded as high as $1.42 and last traded at $1.42, with a volume of 500 shares changing hands. The stock had previously closed at $1.34.

Melco International Development Price Performance

The business has a 50 day simple moving average of $1.04 and a 200-day simple moving average of $0.82. The company has a debt-to-equity ratio of 3.21, a quick ratio of 0.97 and a current ratio of 0.98.

About Melco International Development

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Melco International Development Limited, an investment holding company, engages in the leisure and entertainment business in Macau, the Philippines, Cyprus, Japan, and Hong Kong. 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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