Stock price performance of Melco Crown Entertainment Limited is analyzed for various periods using several stock trading signals. The stock price have dropped -3.53% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 22.54% . Looking at the past 52 week period, the stock price is up at 21.99% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of Melco Crown Entertainment Limited has a negative value of -3.69 compared to overall market performance. For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a 20-day Moving Average of 9.17% and the 50-Day Moving Average is 6.93%.The 200 Day SMA reached 20.98%
Melco Crown Entertainment Limited is having a Relative Strength Index of 48.63 which indicates the stock is not yet over sold or over bought based on the technical indicators. Melco Crown Entertainment Limited (NASDAQ:MPEL) has tumbled 4.87% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 3.6% in the last four weeks. The stocks have underperformed the S&P 500 by 4.98% during the past week but Melco Crown Entertainment Limited (NASDAQ:MPEL) it has outperformed the index in 4 weeks by 2.67%.
Melco Crown Entertainment Ltd (ADR) Last issued its quarterly earnings results on Nov 3, 2016. The company reported $0.13 EPS for the quarter, beating the analyst consensus estimate by $ 0.06. Analyst had a consensus of $0.07. The company had revenue of $1152.60 million for the quarter, compared to analysts expectations of $1101.25 million. The companys revenue was up 21.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.06 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Melco Crown Entertainment Ltd (ADR) was Upgraded by Instinet to Neutral on Jan 25, 2017. Melco Crown Entertainment Ltd (ADR) was Upgraded by BofA/Merrill to Buy on Jan 9, 2017. Melco Crown Entertainment Ltd (ADR) was Upgraded by CLSA to Buy on Jan 9, 2017. Melco Crown Entertainment Ltd (ADR) was Upgraded by Credit Suisse to Outperform on Nov 21, 2016.
Melco Crown Entertainment Limited (NASDAQ:MPEL) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.08 points or 0.48% at $16.42 with 2,554,037 shares getting traded. Post opening the session at $16.58, the shares hit an intraday low of $16.35 and an intraday high of $16.88 and the price was in this range throughout the day. The company has a market cap of $8,010 million and the number of outstanding shares has been calculated to be 487,836,170 shares. The 52-week high of Melco Crown Entertainment Limited (NASDAQ:MPEL) is $20 and the 52-week low is $11.905.
Melco Crown Entertainment Limited is an owner and developer of casino gaming and entertainment resort facilities primarily in Macau. It owns and operates City of Dreams, Altira Macau and Mocha Clubs. The Companys Development Project includes Macau Studio City Project. Melco Crown Entertainment Limited, formerly known as Melco PBL Entertainment (Macau) Limited, is headquartered in Macau.