logo

MLCO’s 2023 Market Dance: Up 6.22% – Time to Invest?

The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. The index has shown a price gain of 6.22% this year. Over the last six months, there has been a weaker performance of 0.49%. The price of MLCO fallen by 27.59% during the last 30 days period. For the last 5-days stocks have slided -3.45%.

The market performance of Melco Resorts & Entertainment Ltd ADR has been somewhat unstable. Over the past year, the company’s stock achieved a high of $8.90 on 10/07/24, with the lowest value for the same timeframe being $4.55, recorded on 04/08/25.

52-week price history of MLCO Stock

The history of a stock’s 52-week high and low prices can provide important information about its current state and future potential. Melco Resorts & Entertainment Ltd ADR’s current trading price is -30.90% away from its 52-week high, while its distance from the 52-week low is 35.16%. The stock’s price range for this period has been between $4.55 and $8.90. The Consumer Cyclical sector company’s shares saw a trading volume of about 3.62 million for the day, which was lower than the average daily volume of 4.53 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 0.33% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.53B 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 +0.17. Similarly, Melco Resorts & Entertainment Ltd ADR recorded 4,319,713 in trading volume during the last 100 days, posting a change of +2.84%.

MLCO Stock Stochastic Average

As of today, the raw stochastic average of Melco Resorts & Entertainment Ltd ADR over the past 50 days is 80.40%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 76.51%. Additionally, the Stochastic %K and %D values for the company were 82.82% and 88.75%, respectively, over the past 20 days.

Most Popular