Melco International Development (OTCMKTS:MDEVF) Share Price Passes Below Fifty Day Moving Average of $0.80

Melco International Development Limited (OTCMKTS:MDEVFGet Free Report)’s share price crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $0.80 and traded as low as $0.64. Melco International Development shares last traded at $0.70, with a volume of 9,000 shares traded.

Melco International Development Trading Down 10.4 %

The business has a fifty day moving average price of $0.80 and a 200 day moving average price of $0.73.

Melco International Development Company Profile

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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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