Melco Crown Entertainment Limited (symbol: MPEL) was one of the biggest
winners of the trading day today (2016-09-01), gaining 7.4%. The number of
shares that changed hands was 3,199,246, or about 1.1 times the average
daily volume in the stock.
The closing price was $13.94, amounting to a market cap of $7,080,000,000,
about -31.09% off the highest price in the last 12 months. The stock has
been trading at a range between $11.91 and $20.23.
MPEL is in the Hotels/Resorts industry, part of the Consumer Services
sector. It first went public in 2006.
Looking at its valuation, the stock is now trading at 81.05 times earnings.
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