Melco International Development Ltd. (OTCMKTS:MDEVF – Get Free Report) hit a new 52-week low during mid-day trading on Friday . The stock traded as low as $0.3925 and last traded at $0.3925, with a volume of 2250 shares trading hands. The stock had previously closed at $0.4687.
Melco International Development Stock Performance
The stock’s 50 day moving average is $0.47 and its two-hundred day moving average is $0.51.
Melco International Development Company Profile
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.
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