HomeMost PopularMelco Resorts & Entertainment Falls Below Key 200-Day Moving Average: Implications for...

Melco Resorts & Entertainment Falls Below Key 200-Day Moving Average: Implications for MLCO

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Melco Resorts Shares Dip Below Key Moving Average

Stock Performance and Key Stats Revealed

In trading on Thursday, shares of Melco Resorts & Entertainment Ltd (Symbol: MLCO) fell below their 200-day moving average of $7.19. The stock hit a low of $7.03 per share, marking a decline of approximately 6.1% for the day.

Melco Resorts & Entertainment Ltd 200 Day Moving Average Chart

Examining the chart, MLCO’s 52-week low stands at $4.78 per share, while the 52-week high reached $9.56. The most recent trade price was $7.04, indicating that the stock is currently trading closer to its lower range.

nslideshow Click here to discover 9 other stocks that recently dropped below their 200-day moving average »

Additional Resources:

• Preferred Stock Notification Service
• LFGR Historical Stock Prices
• PRSO shares outstanding history

The views and opinions expressed herein belong to the author and do not necessarily reflect those of Nasdaq, Inc.

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