Melco Resorts & Entertainment Ltd ADR (MLCO) concluded trading on Wednesday at a closing price of $5.09, with 7.14 million shares of worth about $36.33 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -39.98% during that period and on April 09, 2025 the price saw a gain of about 10.41%. 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 -4.50% in past 5 days and over the past one month there was a price change of -7.29%. Year-to-date (YTD), MLCO shares are showing a performance of -12.09% which decreased to -28.21% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $4.55 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 4.29 million. The stock is currently trading -4.74% below its 20-day simple moving average (SMA20), while that difference is down -8.42% for SMA50 and it goes to -16.64% lower than SMA200.
Melco Resorts & Entertainment Ltd ADR (NASDAQ: MLCO) currently have 419.71M outstanding shares and institutions hold larger chunk of about 36.45% of that.
The stock has a current market capitalization of $2.14B and its 3Y-monthly beta is at 0.74. PE ratio of stock for trailing 12 months is 51.99, while it has posted earnings per share of $0.10 in the same period. Its PEG reads 0.51 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 9.44% while standing at 4.85% over the month.
Analysts are in expectations that Melco Resorts & Entertainment Ltd ADR (MLCO) stock would likely to be making an EPS of 0 in the current quarter, while forecast for next quarter EPS is 0 and it is 0.5 for next year. For the current quarter EPS, analysts have given the company a lowest target 0 which is 0 at the higher side of the target for the same. Stock’s fiscal year EPS is expected to rise by 288.72% while it is estimated to increase by 63.06% in next year. EPS is likely to grow at an annualized rate of 102.40% 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.
