Look Past The Setbacks And Give Melco Resorts & Entertainment Ltd ADR (NASDAQ: MLCO) Another Chance

Melco Resorts & Entertainment Ltd ADR (NASDAQ:MLCO) currently has a daily average trading volume of 4.07M but it saw 2196115 shares traded in last market. With a market cap of 2.63B USD, the company’s current market price of $6.39 came falling about -0.16 while comparing to the previous closing price of $6.40. In past 52 weeks, the stock remained buoying in the range of price level as high as $8.90 and as low as $4.55.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the UBS which downgraded the stock as “Sell” in its note to investors issued on April 30, 2025, recommending a price target of $4.60 for it. Citigroup upgraded its recommendation for the stock as a “Buy” from “Neutral” on April 10, 2025 while assigning a price target of $6.25. Morgan Stanley issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $7.50 and $6.70.

Over the week, MLCO’s stock price is moving 4.93% up while it is 2.24% when we observe its performance for the past one month. Year-to-date it is 10.36% up and over the past year, the stock is showing a downside performance of -20.62%.

Currently, Melco Resorts & Entertainment Ltd ADR’s total number of outstanding shares is 411.20M. Company’s return on investment (ROI) stands at 1.01%. It has a price to earnings ratio (P/E ratio) of 45.25 while having a 12.86 of forward P/E ratio. Stock’s beta reads 0.79. Stock has a price to sale or P/S ratio amounts to 0.55. Its return on asset (ROA) is 0.76% on average.

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