Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
In the latest session, Melco Resorts & Entertainment Ltd ADR (NASDAQ: MLCO) closed at $6.09 down -2.56% from its previous closing price of $6.25. In other words, the price has decreased by -$2.56 from its previous closing price. On the day, 1.79 million shares were traded.
Ratios:
For a deeper understanding of Melco Resorts & Entertainment Ltd ADR’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.18 and its Current Ratio is at 1.21.
On April 10, 2025, Citigroup Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $6.25.
Morgan Stanley Upgraded its Equal-Weight to Overweight on March 03, 2025, whereas the target price for the stock was revised from $7.50 to $6.70.
Valuation Measures:
As of this moment, Melco’s Price-to-Earnings (P/E) ratio for their current fiscal year is 43.13, and their Forward P/E ratio for the next fiscal year is 12.26. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.49. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.53.
Stock Price History:
Over the past 52 weeks, MLCO has reached a high of $8.90, while it has fallen to a 52-week low of $4.55. The 50-Day Moving Average of the stock is 10.07%, while the 200-Day Moving Average is calculated to be 1.68%.
Shares Statistics:
A total of 411.20M shares are outstanding, with a floating share count of 410.94M. Insiders hold about 0.06% of the company’s shares, while institutions hold 34.59% stake in the company.
