In trading on Tuesday, shares of Melco Resorts & Entertainment Ltd (Symbol: MLCO) crossed above their 200 day moving average of $21.54, changing hands as high as $21.84 per share. Melco Resorts & Entertainment Ltd shares are currently trading off about 0.1% on the day. The chart below shows the one year performance of MLCO shares, versus its 200 day moving average:
Looking at the chart above, MLCO's low point in its 52 week range is $15.33 per share, with $26.97 as the 52 week high point — that compares with a last trade of $21.48.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.