On Tuesday, Melco Resorts & Entertainment Ltd ADR (NASDAQ: MLCO) opened lower -1.48% from the last session, before settling in for the closing price of $6.07. Price fluctuations for MLCO have ranged from $4.78 to $9.56 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Consumer Cyclical sector saw sales topped by 20.78%. Company’s average yearly earnings per share was noted 132.04% at the time writing. With a float of $419.45 million, this company’s outstanding shares have now reached $437.09 million.
The extent of productivity of a business whose workforce counts for 20209 workers is very important to gauge. In terms of profitability, gross margin is 27.68%, operating margin of 11.36%, and the pretax margin is -4.04%.
Melco Resorts & Entertainment Ltd ADR (MLCO) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Resorts & Casinos industry is another important factor to consider. The insider ownership of Melco Resorts & Entertainment Ltd ADR is 0.06%, while institutional ownership is 37.29%.
Melco Resorts & Entertainment Ltd ADR (MLCO) Latest Financial update
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 0.13 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.03) by 0.1. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 132.04% per share during the next fiscal year.
Melco Resorts & Entertainment Ltd ADR (NASDAQ: MLCO) Trading Performance Indicators
Check out the current performance indicators for Melco Resorts & Entertainment Ltd ADR (MLCO). In the past quarter, the stock posted 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 -0.00 in the next quarter and is forecasted to reach 0.41 in one year’s time.
Technical Analysis of Melco Resorts & Entertainment Ltd ADR (MLCO)
The latest stats from [Melco Resorts & Entertainment Ltd ADR, MLCO] show that its last 5-days average volume of 2.93 million was inferior to 3.35 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 20.98%. Additionally, its Average True Range was 0.26.
During the past 100 days, Melco Resorts & Entertainment Ltd ADR’s (MLCO) raw stochastic average was set at 29.13%, which indicates a significant increase from 5.43% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 42.93% in the past 14 days, which was lower than the 51.29% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.89, while its 200-day Moving Average is $6.93. Now, the first resistance to watch is $6.07. This is followed by the second major resistance level at $6.16. The third major resistance level sits at $6.22. If the price goes on to break the first support level at $5.92, it is likely to go to the next support level at $5.86. The third support level lies at $5.77 if the price breaches the second support level.
Melco Resorts & Entertainment Ltd ADR (NASDAQ: MLCO) Key Stats
There are currently 440,422K shares outstanding in the company with a market cap of 2.51 billion. Presently, the company’s annual sales total 3,775 M according to its annual income of -326,920 K. Last quarter, the company’s sales amounted to 1,175 M and its income totaled 27,260 K.
