Melco International Development Ltd. (OTCMKTS:MDEVF – Get Free Report)’s share price reached a new 52-week low during trading on Friday . The stock traded as low as $0.3925 and last traded at $0.3925, with a volume of 2250 shares changing hands. The stock had previously closed at $0.4687.
Melco International Development Stock Down 15.6%
The business has a 50 day simple moving average of $0.47 and a 200-day simple moving average of $0.51.
About Melco International Development
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.
Recommended Stories
- Five stocks we like better than Melco International Development
- AST SpaceMobile Stock Sinks as SpaceX Fallout Rattles Space Sector
- Aehr Test Systems Stock Soars on Earnings, Eyes Over 150% Revenue Growth
- TSMC Just Gave AI Chip Bulls Another Reason to Stay Confident
- GE Aerospace Faces a Prove-It Moment in Q2 Earnings
Receive News & Ratings for Melco International Development Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Melco International Development and related companies with MarketBeat.com's FREE daily email newsletter.
