Melco International Development (MDEVF) Expected to Announce Quarterly Earnings on Thursday

Melco International Development (OTCMKTS:MDEVF) is projected to release its resultson Thursday, March 26th. Analysts expect Melco International Development to post earnings of $0.0334 per share and revenue of $2.6841 billion for the quarter.

Melco International Development Price Performance

Shares of MDEVF opened at $0.54 on Thursday. The stock has a 50 day simple moving average of $0.55 and a 200 day simple moving average of $0.61. Melco International Development has a 52-week low of $0.40 and a 52-week high of $0.83. The company has a current ratio of 0.58, a quick ratio of 0.57 and a debt-to-equity ratio of 6.50.

Melco International Development Company Profile

Melco International Development Limited is a Hong Kong–based investment holding company with diversified interests across property development, hospitality, gaming and entertainment sectors in Asia. The company pursues opportunities in integrated resort operations, property investment and development projects, leveraging its background in real estate to support long-term growth.

Through its controlling stake in Melco Resorts & Entertainment, Melco International is involved in the design, development and operation of world-class integrated resorts.