Melco Resorts & Entertainment Ltd ADR (MLCO) concluded trading on Thursday at a closing price of $5.75, with 3.49 million shares of worth about $20.05 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 11.22% during that period and on February 13, 2025 the price saw a gain of about 4.55%. Currently the company’s common shares owned by public are about 419.71M shares, out of which, 419.66M shares are available for trading.
Stock saw a price change of 7.68% in past 5 days and over the past one month there was a price change of 3.98%. Year-to-date (YTD), MLCO shares are showing a performance of -0.69% which decreased to -37.50% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $4.78 but also hit the highest price of $9.39 during that period. The average intraday trading volume for Melco Resorts & Entertainment Ltd ADR shares is 3.73 million. The stock is currently trading 2.73% above its 20-day simple moving average (SMA20), while that difference is down -2.84% for SMA50 and it goes to -12.26% lower than SMA200.
Melco Resorts & Entertainment Ltd ADR (NASDAQ: MLCO) currently have 419.71M outstanding shares and institutions hold larger chunk of about 38.72% of that.
The stock has a current market capitalization of $2.41B and its 3Y-monthly beta is at 1.02. It has posted earnings per share of -$0.21 in the same period. It has Quick Ratio of 1.16. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for MLCO, volatility over the week remained 4.31% while standing at 4.30% over the month.
Stock’s fiscal year EPS is expected to rise by 132.90% while it is estimated to increase by 105.44% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Citigroup on February 10, 2025 offering a Neutral rating for the stock and assigned a target price range of between $10 and $6 to it. Coverage by Morgan Stanley stated Melco Resorts & Entertainment Ltd ADR (MLCO) stock as an Equal-weight in their note to investors on December 17, 2024, suggesting a price target of $7.50 for the stock. On July 18, 2024, JP Morgan Downgrade their recommendations, while on May 29, 2024, BofA Securities Upgrade their ratings for the stock with a price target of $10.40. Stock get an Overweight rating from Morgan Stanley on May 06, 2024.
