Melco International Development Limited (OTCMKTS:MDEVF – Get Free Report) shares hit a new 52-week low on Friday . The company traded as low as $0.48 and last traded at $0.58, with a volume of 8900 shares trading hands. The stock had previously closed at $0.55.
Melco International Development Stock Performance
The company has a 50-day simple moving average of $0.61 and a 200-day simple moving average 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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