Melco Resorts & Entertainment Ltd ADR (NASDAQ: MLCO): Do Not Miss The Gain Train

Melco Resorts & Entertainment Ltd ADR (MLCO) concluded trading on Thursday at a closing price of $5.75, with 5.31 million shares of worth about $30.56 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 13.86% during that period and on March 06, 2025 the price saw a loss of about -3.20%. Currently the company’s common shares owned by public are about 419.71M shares, out of which, 419.45M shares are available for trading.

Stock saw a price change of 3.05% in past 5 days and over the past one month there was a price change of 7.28%. Year-to-date (YTD), MLCO shares are showing a performance of -0.69% which decreased to -21.56% 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 $8.90 during that period. The average intraday trading volume for Melco Resorts & Entertainment Ltd ADR shares is 3.85 million. The stock is currently trading 0.30% above its 20-day simple moving average (SMA20), while that difference is up 0.70% for SMA50 and it goes to -10.61% lower than SMA200.

Melco Resorts & Entertainment Ltd ADR (NASDAQ: MLCO) currently have 419.71M outstanding shares and institutions hold larger chunk of about 36.43% of that.

The stock has a current market capitalization of $2.41B and its 3Y-monthly beta is at 0.85. PE ratio of stock for trailing 12 months is 58.73, while it has posted earnings per share of $0.10 in the same period. Its PEG reads 0.58 and has Quick Ratio of 1.17. 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 5.30% while standing at 4.99% over the month.

Stock’s fiscal year EPS is expected to rise by 291.39% while it is estimated to increase by 56.07% in next year. EPS is likely to grow at an annualized rate of 101.20% for next 5-years, compared to annual growth of -33.61% made by the stock over the past 5-years.

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 Morgan Stanley on March 03, 2025 offering an Overweight rating for the stock and assigned a target price range of between $7.50 and $6.70 to it. Coverage by Citigroup stated Melco Resorts & Entertainment Ltd ADR (MLCO) stock as a Neutral in their note to investors on February 10, 2025, suggesting a price target of $6 for the stock. On December 17, 2024, Morgan Stanley Downgrade their recommendations, while on July 18, 2024, JP Morgan Downgrade their ratings for the stock with a price target of $7. Stock get a Buy rating from BofA Securities on May 29, 2024.

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