On Tuesday, Melco Resorts & Entertainment Ltd ADR (NASDAQ: MLCO) opened lower -2.15% from the last session, before settling in for the closing price of $5.57. Price fluctuations for MLCO have ranged from $4.78 to $8.90 over the past 52 weeks.
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Consumer Cyclical Sector giant saw their annual sales surged by 23.24% over the last five years. Company’s average yearly earnings per share was noted 270.38% at the time writing. With a float of $419.45 million, this company’s outstanding shares have now reached $419.71 million.
The firm has a total of 21784 workers. Let’s measure their productivity. In terms of profitability, gross margin is 30.31%, operating margin of 10.56%, and the pretax margin is -0.14%.
Melco Resorts & Entertainment Ltd ADR (MLCO) Insider Activity
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 36.41%.
Melco Resorts & Entertainment Ltd ADR (MLCO) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 270.38% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 102.40% during the next five years compared to -33.61% drop over the previous five years of trading.
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 1.17. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.49.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.10, a number that is poised to hit 0.03 in the next quarter and is forecasted to reach 0.64 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 3.63 million was lower than the volume posted last year of 4.04 million. As of the previous 9 days, the stock’s Stochastic %D was 42.60%. Additionally, its Average True Range was 0.25.
During the past 100 days, Melco Resorts & Entertainment Ltd ADR’s (MLCO) raw stochastic average was set at 13.94%, which indicates a significant decrease from 24.62% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.63% in the past 14 days, which was lower than the 44.36% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.66, while its 200-day Moving Average is $6.26. Now, the first resistance to watch is $5.58. This is followed by the second major resistance level at $5.71. The third major resistance level sits at $5.83. If the price goes on to break the first support level at $5.34, it is likely to go to the next support level at $5.22. Should the price break the second support level, the third support level stands at $5.09.
Melco Resorts & Entertainment Ltd ADR (NASDAQ: MLCO) Key Stats
There are currently 419,713K shares outstanding in the company with a market cap of 2.29 billion. Presently, the company’s annual sales total 4,638 M according to its annual income of 43,540 K. Last quarter, the company’s sales amounted to 1,191 M and its income totaled -20,270 K.
