Melco International Development Limited (OTCMKTS:MDEVF – Get Free Report) shares hit a new 52-week low during mid-day trading 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 Up 5.6 %
The company’s 50 day simple moving average is $0.61 and its 200 day simple moving average is $0.69.
Melco International Development Company Profile
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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