A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The metric has seen a significant loss of -2.16% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 9.57%. Over the past 30 days, the price of MLCO has fallen by 2.44%. And in the last five days, it has surged by 6.09%.
Melco Resorts & Entertainment Ltd ADR ‘s stock market performance has been somewhat erratic. The company’s stock reached a 1-year high price of $9.39 on 02/14/24, while the lowest value for the same period was recorded at $4.78 on 08/05/24.
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 -39.64% away from its 52-week high, while its distance from the 52-week low is 18.51%. The stock’s price range during this period has varied between$4.78 and $9.39. The Melco Resorts & Entertainment Ltd ADR’s shares, which operate in the Consumer Cyclical, saw a trading volume of around 1.37 million for the day, a figure considerably lower than their average daily volume of 3.73 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Melco Resorts & Entertainment Ltd ADR (MLCO) has experienced a quarterly decline of -16.07% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.38B 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 6.42, with a change in price of -0.17. Similarly, Melco Resorts & Entertainment Ltd ADR recorded 3,612,481 in trading volume during the last 100 days, posting a change of -2.99%.
MLCO Stock Stochastic Average
Melco Resorts & Entertainment Ltd ADR’s raw stochastic average for the past 50 days is presently 24.39%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 43.75%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 27.92% and 21.34%, respectively.
