Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
After finishing at $5.61 in the prior trading day, Melco Resorts & Entertainment Ltd ADR (NASDAQ: MLCO) closed at $5.59, down -0.36%. In other words, the price has decreased by -$0.36 from its previous closing price. On the day, 1.45 million shares were traded. MLCO stock price reached its highest trading level at $5.6 during the session, while it also had its lowest trading level at $5.48.
Ratios:
Our goal is to gain a better understanding of MLCO by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.16 and its Current Ratio is at 1.19.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Morgan Stanley on December 17, 2024, Downgraded its rating to Equal-Weight and sets its target price to $7.50 from $9.60 previously.
On July 18, 2024, JP Morgan Downgraded its rating to Neutral which previously was Overweight and also lowered its target price recommendation from $10 to $7.
BofA Securities Upgraded its Neutral to Buy on May 29, 2024, whereas the target price for the stock was revised from $7.50 to $10.40.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MLCO now has a Market Capitalization of 2346173440 and an Enterprise Value of 13795904512. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.52. Its current Enterprise Value per Revenue stands at 3.038 whereas that against EBITDA is 13.01.
Stock Price History:
Over the past 52 weeks, MLCO has reached a high of $9.39, while it has fallen to a 52-week low of $4.78. The 50-Day Moving Average of the stock is -11.66%, while the 200-Day Moving Average is calculated to be -16.66%.
Shares Statistics:
The stock has traded on average 3.20M shares per day over the past 3-months and 2485560 shares per day over the last 10 days, according to various share statistics. A total of 419.71M shares are outstanding, with a floating share count of 419.45M. Insiders hold about 0.06% of the company’s shares, while institutions hold 37.29% stake in the company. Shares short for MLCO as of 1734048000 were 9120634 with a Short Ratio of 2.85, compared to 1731628800 on 11070473. Therefore, it implies a Short% of Shares Outstanding of 9120634 and a Short% of Float of 5.0300002.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 1.9.
