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 $7.72, up 0.26% from the previous day, and has decreased 25.77% in one year. It has underperformed other stocks in the Resorts & Casinos industry by 0.16 percentage points. Melco Resorts & Entertainment stock is currently +13.53% from its 52-week low of $6.80, and -46.59% from its 52-week high of $14.46.
As of Dec 7, 2023, there are 1.31B MLCO shares outstanding. The market capitalization of MLCO is $3.37B. In the last 24 hours, 2.3M 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 choose an online brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you decide where to buy Melco Resorts & Entertainment stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Fund your brokerage account: Select your payment method and add your information.
- 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 decide 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 buy MLCO stock at a specific price.
- Keep an eye on your MLCO investment: Create a watchlist to get live updates on your investment in Melco Resorts & Entertainment shares.
Step 1: Decide where to buy Melco Resorts & Entertainment stock
You need a 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 chosen the right brokerage, it's time to fill out some personal info so you are able to invest in MLCO today.
How to Open a New Brokerage 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.
- Provide your personal data to create a new brokerage account.
- Submit your info by pressing the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you have created your account on our top ranked stock trading app, you need to deposit funds:
Check out this video walkthrough to see the process of transferring money into your new investment account.
Step 4: Analyze Melco Resorts & Entertainment stock
After you have figured out the best place to buy Melco Resorts & Entertainment stock, it's critical to research their stock prior to investing, so you truly wrap your head around the risk and upside.
Melco Resorts & Entertainment shares data
Fundamentals of Melco Resorts & Entertainment
WallStreetZen was built to help everyday investors do more accurate fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on MLCO's stock page.
Is MLCO stock undervalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge MLCO's fair value.
You can do additional valuation analysis on MLCO's stock here.
MLCO Financials at a glance
Positive Financial Indicators:
- MLCO profit margin has gone up from -56.1% to -12.4% in the past year.
- There are more short-term assets than short-term liabilities on the MLCO balance sheet.
Negative Financial Indicators:
- Total MLCO debt is still negative.
- MLCO debt to equity ratio of -8.36 is negative.
- There are more long-term liabilities than short-term assets on the MLCO balance sheet.
Do analysts think it's a good time to buy Melco Resorts & Entertainment stock
Out of 2 sell side analysts who research MLCO, the consensus analyst rating on MLCO is a Buy
Please keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.
You can dig deeper into what analysts are forecasting on the Melco Resorts & Entertainment stock forecast page.
MLCO Trading Indicators
Is MLCO Growing Revenue?
Last year, MLCO revenue was $3.02B. During the last 5 year, MLCO's revenue has gone up by -9.99% per year. This was slower than the Resorts & Casinos industry average of 4.39%.
Find out more about MLCO's earnings and revenue performance here.
Are MLCO executives and large shareholders buying or selling the stock?
In the past year, insiders at MLCO have not bought or sold any shares.
Get more info about who owns MLCO shares here.
Does MLCO provide a stable income stream?
No, Melco Resorts & Entertainment doesn't provide an income stream by paying out dividends.
What do other traders have to say about MLCO?
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Make your MLCO buy order
There are two main order types:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are mostly the easiest way to buy. - Limit order: A limit order allows you to 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 dollar amount, place a limit order.
Hit the Open Trade button and eToro will place your order.
If you want additional help buying stocks on eToro, watch the helpful video below:
Step 6: Keep an eye on your MLCO investment
Now that you own some MLCO stock, you'll want to stay up-to-date on your new investment.
Create a watchlist to keep tabs on your MLCO stock.
MLCO Feed
How to Buy Stock in Melco Resorts & Entertainment
To summarize, here are the 6 steps to buy Melco Resorts & Entertainment stock:
- 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 brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to get the latest scoop on your new investment in Melco Resorts & Entertainment, create a watchlist today.
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