(MLCO) Melco Resorts - Ratings and Ratios

Melco Resorts & Entertainment Limited (NASDAQ:MLCO) is a leading global developer and operator of luxury casino gaming and entertainment resort facilities, with a strong presence in Asia and Europe. The company operates an extensive portfolio of properties, including City of Dreams, Altira Macau, Studio City, and Mocha Clubs in Macau, as well as City of Dreams Manila in the Philippines and multiple casinos in Cyprus. Its resorts feature a wide range of amenities, such as gaming tables and machines, luxury accommodations, fine dining, retail, and entertainment venues. The company has also been expanding its footprint in Cyprus with the development of City of Dreams Mediterranean, a major integrated resort. Melco Resorts & Entertainment Limited was rebranded from Melco Crown Entertainment Limited in April 2017 and is headquartered in Central, Hong Kong, operating as a subsidiary of Melco Leisure and Entertainment Group Limited.

From a financial perspective, Melco Resorts & Entertainment Limited has a market capitalization of approximately $2.02 billion USD, with a trailing P/E ratio of 47.40 and a forward P/E of 13.18. The companys price-to-book ratio is elevated at 105.52, reflecting its significant asset base. The trailing 12-month P/S ratio stands at 0.43, indicating moderate revenue generation relative to its market value. However, the return on equity (RoE) is currently negative at -3.28%, signaling recent profitability challenges. The stocks technical indicators show a last price of $5.18, with short-term support at the SMA20 of $4.96 and resistance at the SMA50 of $5.38. The SMA200 at $5.96 suggests a bearish longer-term trend, while the average true range (ATR) of 0.26 points to moderate volatility.