Studio City Ih (NYSE:MSC - Get Free Report) shares saw unusually-strong trading volume on Wednesday . Approximately 20,392 shares changed hands during trading, an increase of 135% from the previous session's volume of 8,693 shares.The stock last traded at $4.45 and had previously closed at $4.47.
Studio City Ih Trading Down 3.6%
The company has a quick ratio of 0.95, a current ratio of 1.01 and a debt-to-equity ratio of 3.45. The business's fifty day moving average is $3.08 and its 200 day moving average is $3.76. The firm has a market capitalization of $893.45 million, a price-to-earnings ratio of -8.48 and a beta of -0.13.
Studio City Ih (NYSE:MSC - Get Free Report) last issued its quarterly earnings results on Thursday, May 8th. The company reported ($0.07) earnings per share (EPS) for the quarter. Studio City Ih had a negative net margin of 15.56% and a negative return on equity of 14.77%. The business had revenue of $161.72 million during the quarter.
Institutional Investors Weigh In On Studio City Ih
A hedge fund recently bought a new stake in Studio City Ih stock. Invesco Ltd. purchased a new stake in Studio City Ih (NYSE:MSC - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 25,000 shares of the company's stock, valued at approximately $141,000.
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.
Recommended Stories
Before you consider Studio City Ih, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Studio City Ih wasn't on the list.
While Studio City Ih currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
