Melco Resorts & Entertainment Ltd ADR (NASDAQ: MLCO) kicked off on Monday, down -1.96% from the previous trading day, before settling in for the closing price of $6.12. Over the past 52 weeks, MLCO has traded in a range of $4.78-$9.56.
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Consumer Cyclical Sector giant saw their annual sales surged by 20.78% over the last five years. While this was happening, its average annual earnings per share was recorded 134.87%. With a float of $419.45 million, this company’s outstanding shares have now reached $437.09 million.
The firm has a total of 20209 workers. Let’s measure their productivity. In terms of profitability, gross margin is 24.74%, operating margin of 11.36%, and the pretax margin is -4.04%.
Melco Resorts & Entertainment Ltd ADR (MLCO) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Resorts & Casinos Industry. The insider ownership of Melco Resorts & Entertainment Ltd ADR is 0.06%, while institutional ownership is 37.29%.
Melco Resorts & Entertainment Ltd ADR (MLCO) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 134.87% per share during the next fiscal year.
Melco Resorts & Entertainment Ltd ADR (NASDAQ: MLCO) Trading Performance Indicators
Take a look at Melco Resorts & Entertainment Ltd ADR’s (MLCO) current performance indicators. Last quarter, stock had a quick ratio of 1.16. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.55.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.21, a number that is poised to hit 0.08 in the next quarter and is forecasted to reach 0.44 in one year’s time.
Technical Analysis of Melco Resorts & Entertainment Ltd ADR (MLCO)
Analysing the last 5-days average volume posted by the [Melco Resorts & Entertainment Ltd ADR, MLCO], we can find that recorded value of 4.69 million was better than the volume posted last year of 3.36 million. As of the previous 9 days, the stock’s Stochastic %D was 5.07%. Additionally, its Average True Range was 0.30.
During the past 100 days, Melco Resorts & Entertainment Ltd ADR’s (MLCO) raw stochastic average was set at 29.61%, which indicates a significant increase from 4.46% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 43.22% in the past 14 days, which was lower than the 53.46% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.84, while its 200-day Moving Average is $7.01. Now, the first resistance to watch is $6.13. This is followed by the second major resistance level at $6.26. The third major resistance level sits at $6.36. If the price goes on to break the first support level at $5.91, it is likely to go to the next support level at $5.81. Now, if the price goes above the second support level, the third support stands at $5.68.
Melco Resorts & Entertainment Ltd ADR (NASDAQ: MLCO) Key Stats
The company with the Market Capitalisation of 2.52 billion has total of 440,422K Shares Outstanding. Its annual sales at the moment are 3,775 M in contrast with the sum of -326,920 K annual income. Company’s last quarter sales were recorded 1,175 M and last quarter income was 27,260 K.
