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Studio City Ih (NYSE:MSC) Sees Strong Trading Volume - Here's What Happened

Studio City Ih logo with Consumer Discretionary background

Key Points

  • Studio City International Holdings Limited experienced a significant increase in trading volume, with approximately 23,516 shares traded, marking a 66% rise from the previous session.
  • The stock is currently priced at $3.88, reflecting a 2.9% decline from its previous closing price of $3.98.
  • The company operates an entertainment resort in Macau, including Studio City Casino and various non-gaming attractions, contributing to a market capitalization of $814.43 million.
  • MarketBeat previews top five stocks to own in October.

Studio City Ih (NYSE:MSC - Get Free Report) saw unusually-high trading volume on Wednesday . Approximately 23,516 shares were traded during mid-day trading, an increase of 66% from the previous session's volume of 14,137 shares.The stock last traded at $3.88 and had previously closed at $3.98.

Studio City Ih Stock Performance

The company has a market capitalization of $849.20 million, a PE ratio of -11.51 and a beta of -0.11. The company has a 50 day moving average of $4.58 and a two-hundred day moving average of $3.77. The company has a debt-to-equity ratio of 3.62, a current ratio of 0.96 and a quick ratio of 0.92.

About Studio City Ih

(Get Free Report)

Studio City International Holdings Limited operates an entertainment resort in Macau. It operates Studio City Casino, comprising gaming tables, including tables for VIP rolling chip operations and gaming machines; and resort, which offers various non-gaming attractions, including figure-8 ferris wheel, night club and karaoke venue, live performance arena, and an outdoor and indoor water park, as well as hotel rooms and various food and beverage establishments, and retail space.

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