Melco International Development (MDEVF) Projected to Release Earnings on Monday

by · The Markets Daily

Melco International Development (OTCMKTS:MDEVF – Get Free Report) is anticipated to post its resultson Monday, August 31st. Analysts expect Melco International Development to post earnings of $0.0191 per share and revenue of $2.5221 billion for the quarter.

Melco International Development Price Performance

OTCMKTS MDEVF opened at $0.38 on Friday. The company has a fifty day simple moving average of $0.43 and a 200 day simple moving average of $0.48. Melco International Development has a 12-month low of $0.38 and a 12-month high of $0.83.

Wall Street Analysts Forecast Growth

Separately, CICC Research downgraded Melco International Development to a “market perform” rating in a research note on Sunday, August 16th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, Melco International Development has a consensus rating of “Hold”.

View Our Latest Report on MDEVF

About Melco International Development

(Get Free Report)

Melco International Development Limited is a Hong Kong–based investment holding company with diversified interests across property development, hospitality, gaming and entertainment sectors in Asia. The company pursues opportunities in integrated resort operations, property investment and development projects, leveraging its background in real estate to support long-term growth.

Through its controlling stake in Melco Resorts & Entertainment, Melco International is involved in the design, development and operation of world-class integrated resorts.

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