How to Buy Melco Resorts & Entertainment Stock
Melco Resorts & Entertainment Ltd
Melco Resorts & Entertainment Limited develops, owns, and operates casino gaming and resort facilities in Asia and Europe.
Melco Resorts & Entertainment stock last closed at $6.27, up 1.13% from the previous day, and has decreased 54.76% in one year. It has underperformed other stocks in the Resorts & Casinos industry by 0.39 percentage points. Melco Resorts & Entertainment stock is currently +2.75% from its 52-week low of $6.10, and -55.21% from its 52-week high of $14.00.
At the moment, there are 1.33B MLCO shares outstanding. The market capitalization of MLCO is $2.78B. In the past 24 hours, 2.76M MLCO shares were traded.
How to Buy Melco Resorts & Entertainment Stock
Not sure how to invest in Melco Resorts & Entertainment stock? Here's how.
- Decide where to buy Melco Resorts & Entertainment stock: You need to decide on an online brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you figure out where to buy Melco Resorts & Entertainment stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Fund your brokerage account: Select your payment method and add your details.
- Analyze Melco Resorts & Entertainment stock: The Melco Resorts & Entertainment ticker symbol is MLCO. Is Melco Resorts & Entertainment stock a good investment? Should you buy shares of MLCO? How do MLCO's underlying business fundamentals look? Do top analysts think Melco Resorts & Entertainment is a good buy? Why has MLCO's stock price moved recently? (Hint: Our stock research website can help you evaluate if MLCO is a good stock to buy).
- Make your MLCO buy order: Decide if you will purchase MLCO shares at the current market price or use a limit order to purchase MLCO stock at a given price.
- Keep an eye on your MLCO investment: Create a watchlist to the latest updates on your position in Melco Resorts & Entertainment stock.
Step 1: Decide where to buy Melco Resorts & Entertainment stock
You need an online brokerage account in order to access the NASDAQ market and buy MLCO shares.
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Open eToro AccountStep 2: Open a brokerage account
Now that you've selected your brokerage, you need to fill out some personal info so you are able to buy MLCO today.
How to Set Up a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal info to start your new trading account.
- Submit your data by clicking the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you've opened your account on the best stock app to use, your next step is to transfer the money for your investment:
Watch the walkthrough below for more details depositing funds into your investment account.
Step 4: Analyze Melco Resorts & Entertainment stock
Once you have selected the best place to buy Melco Resorts & Entertainment stock, it's very important to analyze their stock prior to investing, so you truly understand the risk and opportunity.
Melco Resorts & Entertainment stock data
MLCO Due Diligence Checks
WallStreetZen was designed to help everyday investors perform better fundamental analysis.
You can view all of the due diligence checks on MLCO's stock page.
Is MLCO stock overvalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge MLCO's fair value.
You can access additional valuation analysis on MLCO's stock here.
MLCO Financial Health Summary
Positive Financial Indicators:
- There are more short-term assets than short-term liabilities on the MLCO balance sheet.
- MLCO profit margin has gone up from -68.9% to -8.7% in the past year.
Negative Financial Indicators:
- MLCO earnings of $178.89M is not enough to cover its interest payments.
- Total MLCO debt is still negative.
- MLCO's operating cash flow of $622.69M allows it to safely service it's debt of $7.77B.
- There are more long-term liabilities than short-term assets on the MLCO balance sheet.
- MLCO debt to equity ratio of -7.13 is negative.
Is it a good time to buy Melco Resorts & Entertainment stock, according to Wall Street analysts?
Out of 4 sell side analysts who give ratings on MLCO, the consensus analyst rating on Melco Resorts & Entertainment is a Buy
Please keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.
You can dig deeper into what analysts are saying on the Melco Resorts & Entertainment stock forecast page.
MLCO Momentum
MLCO Earnings
Last year, MLCO revenue was $3.78B. Over the last five year, MLCO's revenue has gone up by -6.16% per year. This was slower than the Resorts & Casinos industry average of 4.52%.
Dig into MLCO's earnings and revenue performance here.
Latest Insiders Trades at MLCO
In the past 12 months, executives and large shareholders at MLCO have not bought or sold any shares.
Research more about who owns MLCO stock here.
Does MLCO provide a stable income stream?
No, Melco Resorts & Entertainment doesn't provide an income stream by paying out dividends.
What others are saying about MLCO
One of the reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Make your MLCO buy order
There are two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are generally the best for newer investors. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a specific price, place a limit order.
Press the Open Trade button and eToro will place your order.
If you need additional info about investing in stocks on eToro, click the how to video below:
Step 6: Keep an eye on your MLCO investment
Now that you own some shares in MLCO, you'll want to stay up-to-date on your new company.
Add MLCO to a watchlist to keep tabs on your MLCO stock.
MLCO Feed
How to Buy Stock in Melco Resorts & Entertainment
To reiterate, here are the 6 steps you need to take to buy Melco Resorts & Entertainment stock right now:
- Decide where to buy Melco Resorts & Entertainment stock
- Open a brokerage account
- Fund your brokerage account
- Analyze Melco Resorts & Entertainment stock
- Make your MLCO buy order
- Keep an eye on your MLCO investment
If you need a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you would like to get updates on your investment in Melco Resorts & Entertainment, add MLCO to your watchlist below.
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