The price of Melco Resorts & Entertainment Ltd ADR (NASDAQ:MLCO) shares last traded on Wall Street rose 4.59% to $8.43.
MLCO stock price is now 36.86% away from the 50-day moving average and 37.87% away from the 200-day moving average. The market capitalization of the company currently stands at $3.47B.
With the price target maintained at $9.50, JP Morgan recently Upgraded its rating from Neutral to Overweight for Melco Resorts & Entertainment Ltd ADR (NASDAQ: MLCO). On April 30, 2025, UBS Downgraded its previous ‘Buy’ rating to ‘Sell’ on the stock keeping its target price maintained at $4.60, while ‘Citigroup’ rates the stock as ‘Buy’
A total of 0.06% of the company’s stock is owned by insiders.
During the past 12 months, Melco Resorts & Entertainment Ltd ADR has had a low of $4.55 and a high of $8.90. According to the stock market information, the enterprise value for the company is $15652493312, which is based on a 59.70 price-to-earnings ratio, a 0.65 price-to-earnings-growth ratio, and a beta of 0.80. The fifty day moving average price for MLCO is $6.1598 and a two-hundred day moving average price translates $6.11435 for the stock.
The latest earnings results from Melco Resorts & Entertainment Ltd ADR (NASDAQ: MLCO) was released for 2025-03-31. The company reported revenue of $1.23 billion for the quarter, compared to $1.11 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 10.78 percent.
