logo

MLCO’s Market Quandary: Decoding the Ups and Downs of 2023

The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The index has shown a price gain of 3.63% this year. Over the last six months, there has been a stronger performance of -8.68%. The price of MLCO fallen by 30.15% during the last 30 days period. For the last 5-days stocks have improved 19.28%.

Melco Resorts & Entertainment Ltd ADR’s stock has seen a rocky market performance. The company’s stock achieved a 1-year high of $8.90 on 10/07/24, and the lowest price during that time was $4.55, recorded on 04/08/25.

52-week price history of MLCO Stock

A stock’s 52-week price history, including the low and high prices, can offer valuable insights into its current standing and future prospects. Melco Resorts & Entertainment Ltd ADR’s current trading price is -32.58% away from its 52-week high, while its distance from the 52-week low is 31.87%. The stock’s price range over this timeframe has been between $4.55 and $8.90. The shares of the Consumer Cyclical sector company recorded a trading volume of approximately 2.31 million for the day, which was comparatively lower than the average daily volume of 4.67 million over the last three months.

The Connection Between Financial Performance and Market Capitalization

Melco Resorts & Entertainment Ltd ADR (MLCO) has experienced a quarterly rise of 12.36% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.52B and boasts a workforce of 21784 employees.

How Moving Averages and Trading Volume Data Work Together

Based on Barchart.com data, the company’s moving average over the 100-day period was 5.55, with a change in price of -1.10. Similarly, Melco Resorts & Entertainment Ltd ADR recorded 4,279,854 in trading volume during the last 100 days, posting a change of -15.73%.

MLCO Stock Stochastic Average

The raw stochastic average for Melco Resorts & Entertainment Ltd ADR over the last 50 days is presently at 84.29%. This reflects a surge from the raw stochastic average of the previous 20 days, which was noted at 83.99%. Further, the company’s Stochastic %K and %D values for the last 20 days were 90.53% and 91.78%, respectively.

Most Popular