3. As of noon trading, Melco Crown Entertainment ( MPEL) is up $0.53 (2.8%) to $19.56 on average volume Thus far, 2.6 million shares of Melco Crown Entertainment exchanged hands as compared to its average daily volume of 5.2 million shares. The stock has ranged in price between $19.50-$20.09 after having opened the day at $19.74 as compared to the previous trading day's close of $19.03.

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 $10.3 billion and is part of the leisure industry. The company has a P/E ratio of 34.1, above the S&P 500 P/E ratio of 17.7. Shares are up 11.5% year to date as of the close of trading on Friday. Currently there are 11 analysts that rate Melco Crown Entertainment a buy, no analysts rate it a sell, and 1 rates 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 revenue growth, solid stock price performance, increase in net income, largely solid financial position with reasonable debt levels by most measures 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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