The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Melco Resorts & Entertainment Ltd ADR’s current trading price is -34.83% away from its 52-week high, while its distance from the 52-week low is 21.34%. The stock’s price range for this period has been between $4.78 and $8.90 The company’s shares, which are part of the Consumer Cyclical sector, had a trading volume of approximately 0.83 million for the day, a number notably lower than the average daily volume of 3.85 million over the last three months.
Melco Resorts & Entertainment Ltd ADR experienced a rather shaky stock market performance. The highest value in the past year was recorded at $8.90 on 10/07/24 and the lowest value was $4.78 on 08/05/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Melco Resorts & Entertainment Ltd ADR (MLCO) has experienced a quarterly decline of -4.29% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.43B and boasts a workforce of 20209 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 6.33, with a change in price of -2.36. Similarly, Melco Resorts & Entertainment Ltd ADR recorded 3,557,617 in trading volume during the last 100 days, posting a change of -28.89%.
MLCO Stock Stochastic Average
Melco Resorts & Entertainment Ltd ADR’s raw stochastic average for the past 50 days is presently 33.93%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 55.00%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 47.50% and 56.11%, respectively.
MLCO Stock Price Performance Analysis
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. Until today this year the stock’s price performance recorded an increase of 0.17%. However, over the last six months, the performance has been weaker by 5.26%. The price of MLCO increased 0.34% over the last 30 days. And in the last five days, it has fallen by -4.92%.
