Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
As of close of business last night, Melco Resorts & Entertainment Ltd ADR’s stock clocked out at $8.06, down -1.35% from its previous closing price of $8.17. In other words, the price has decreased by -$1.35 from its previous closing price. On the day, 6.04 million shares were traded. MLCO stock price reached its highest trading level at $8.62 during the session, while it also had its lowest trading level at $8.02.
Ratios:
To gain a deeper understanding of MLCO’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.26 and its Current Ratio is at 1.29.
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, JP Morgan on July 18, 2024, Downgraded its rating to Neutral and sets its target price to $7 from $10 previously.
On May 29, 2024, BofA Securities Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $7.50 to $10.40.
Morgan Stanley Upgraded its Equal-Weight to Overweight on May 06, 2024, whereas the target price for the stock was revised from $8.30 to $9.60.
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 3549801728 and an Enterprise Value of 17400899584. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.81. Its current Enterprise Value per Revenue stands at 3.97 whereas that against EBITDA is 17.209.
Stock Price History:
Over the past 52 weeks, MLCO has reached a high of $9.83, while it has fallen to a 52-week low of $4.78. The 50-Day Moving Average of the stock is 40.67%, while the 200-Day Moving Average is calculated to be 11.33%.
Shares Statistics:
It appears that MLCO traded 3.80M shares on average per day over the past three months and 5331320 shares per day over the past ten days. A total of 440.42M shares are outstanding, with a floating share count of 440.15M. Insiders hold about 0.06% of the company’s shares, while institutions hold 41.03% stake in the company. Shares short for MLCO as of 1726185600 were 7488790 with a Short Ratio of 1.97, compared to 1723680000 on 9687855. Therefore, it implies a Short% of Shares Outstanding of 7488790 and a Short% of Float of 3.7100002.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 1.9.
