Is Melco Resorts & Entertainment Ltd ADR (NASDAQ: MLCO) Proving The Doubters Wrong?

Melco Resorts & Entertainment Ltd ADR (MLCO) concluded trading on Thursday at a closing price of $5.85, with 6.13 million shares of worth about $35.87 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -10.96% during that period and on May 08, 2025 the price saw a gain of about 3.72%. 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 16.30% in past 5 days and over the past one month there was a price change of 26.90%. Year-to-date (YTD), MLCO shares are showing a performance of 1.04% which decreased to -20.62% 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 4.67 million. The stock is currently trading 14.55% above its 20-day simple moving average (SMA20), while that difference is up 10.31% for SMA50 and it goes to -1.25% lower than SMA200.

Melco Resorts & Entertainment Ltd ADR (NASDAQ: MLCO) currently have 419.71M outstanding shares and institutions hold larger chunk of about 36.61% of that.

The stock has a current market capitalization of $2.46B and its 3Y-monthly beta is at 0.71. PE ratio of stock for trailing 12 months is 59.75, 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 4.92% while standing at 5.27% over the month.

Stock’s fiscal year EPS is expected to rise by 232.51% while it is estimated to increase by 102.63% in next year. EPS is likely to grow at an annualized rate of 103.58% 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 UBS on April 30, 2025 offering a Sell rating for the stock and assigned a target price of $4.60 to it. Coverage by Citigroup stated Melco Resorts & Entertainment Ltd ADR (MLCO) stock as a Buy in their note to investors on April 10, 2025, suggesting a price target of $6.25 for the stock. On March 03, 2025, Morgan Stanley Upgrade their recommendations, while on February 10, 2025, Citigroup Downgrade their ratings for the stock with a price target of $6. Stock get an Equal-weight rating from Morgan Stanley on December 17, 2024.

Most Popular

Related Posts