About
About Melcor Developments Ltd
Melcor Developments Ltd. operates as a real estate development company in the United States and Canada. The company operates through Land, Properties, and Golf divisions. The company develops, owns, and manages mixed-use residential, business industrial parks, office buildings, retail commercial centers, and golf courses. It also purchases and develops land to be sold as residential communities, industrial, and commercial projects; develops and leases retail, office, and industrial properties; and owns and leases commercial, retail, and residential properties, as well as parking lots and land. In addition, the company owns and manages 18-hole golf courses. The company was founded in 1923 and is based in Edmonton, Canada. Melcor Developments Ltd. operates as a subsidiary of Melton Holdings Ltd.
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5 years, 5 months ago
Melcor Developments Ltd is currently in a long term uptrend where the price is trading 33.2% above its 200 day moving average.
From a valuation standpoint, the stock is 96.8% cheaper than other stocks from the Real Estate sector with a price to sales ratio of 1.8.
Melcor Developments Ltd's total revenue rose by 3.7% to $81M since the same quarter in the previous year.
Its net income has dropped by 100.7% to $-112K since the same quarter in the previous year.
Finally, its free cash flow grew by 146.6% to $19M since the same quarter in the previous year.
Based on the above factors, Melcor Developments Ltd gets an overall score of 4/5.