Should you hold shares of Melco Resorts & Entertainment Ltd (MLCO) on Friday?

Melco Resorts & Entertainment Ltd (MLCO) stock is down -67.64% over the past 12 months, and the average Wall Street analyst rating is Buy. InvestorsObserver’s exclusive ranking system, gives the MLCO action a score of 23 out of a possible 100.

This ranking is primarily influenced by a short-term technical score of 4. The MLCO ranking also includes a long-term technical score of 8. MLCO’s fundamental score is 59. In addition to the average Wall Street analyst rating , MLCO stock has an average target price of $13.73. This means analysts expect the stock to rise 98.91% over the next 12 months.

MLCO has an overall score of 23. Find out what this means for you and get the rest of the MLCO leaderboard!

What’s Happening With MLCO Stock Today

Melco Resorts & Entertainment Ltd (MLCO) stock fell -13.27% while the S&P 500 was down -0.31% at 2:03 p.m. Friday, March 11. MLCO is down -$1.05 from the previous closing price of $7.95 on volume of 8,716,176 shares. Over the past year, the S&P 500 has gained 7.79% while the MLCO is down -67.64%. MLCO has lost -$1.70 per share over the past 12 months. Click here for the full Melco Resorts & Entertainment Ltd stock report.

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