3. As of noon trading, Melco Crown Entertainment ( MPEL) is down $0.11 (-0.7%) to $16.07 on average volume Thus far, 2.9 million shares of Melco Crown Entertainment exchanged hands as compared to its average daily volume of 4.4 million shares. The stock has ranged in price between $15.91-$16.18 after having opened the day at $15.99 as compared to the previous trading day's close of $16.18.

Melco Crown Entertainment Limited, through its subsidiaries, engages in the development, ownership, and operation of casino gaming and entertainment resort facilities primarily in Macau. Melco Crown Entertainment has a market cap of $8.6 billion and is part of the services sector. The company has a P/E ratio of 28.4, above the S&P 500 P/E ratio of 17.7. Shares are up 68.2% year to date as of the close of trading on Wednesday. Currently there are 10 analysts that rate Melco Crown Entertainment a buy, 1 analyst rates it a sell, and none rate it a hold.

TheStreet Ratings rates Melco Crown Entertainment as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Melco Crown Entertainment Ratings Report now.

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