The stock price performance this year has been a mixed bag, which means people have different opinions about whether it’s been good or bad. Some may see it as optimistic, while others may view it as pessimistic. This year’s metric has recorded a Price decrease of -30.67%. However, over the past six months, we’ve seen a stronger performance of -25.18%. The price of MLCO leaped by -16.67% over the last 30 days. And in the last five days, it has fallen by -9.16%.
Melco Resorts & Entertainment Ltd ADR saw a rather unpredictable run in, in terms of market performance. The company’s stock reached its highest point at $9.56 on 01/02/24, while the lowest price for the same duration was marked at $4.78 on 08/05/24.
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52-week price history of MLCO Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Melco Resorts & Entertainment Ltd ADR’s current trading price is -35.67% away from its 52-week high, while its distance from the 52-week low is 28.66%. The stock’s price range during this period has varied between$4.78 and $9.56. The Melco Resorts & Entertainment Ltd ADR’s shares, which operate in the Consumer Cyclical, saw a trading volume of around 4.36 million for the day, a figure considerably higher than their average daily volume of 3.79 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Melco Resorts & Entertainment Ltd ADR (MLCO) has experienced a quarterly rise of 18.73% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.58B and boasts a workforce of 20209 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 6.39, with a change in price of -1.83. Similarly, Melco Resorts & Entertainment Ltd ADR recorded 3,447,524 in trading volume during the last 100 days, posting a change of -22.93%.
MLCO Stock Stochastic Average
As of today, Melco Resorts & Entertainment Ltd ADR’s raw stochastic average for the last 50 days stands at 26.37%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 1.54%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 9.38% and 20.26%, respectively.
