Shares of STUDIO CITY IH (NYSE:MSC - Get Free Report) saw an uptick in trading volume on Wednesday . 20,392 shares traded 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 Stock Down 3.6%
The stock has a market capitalization of $893.45 million, a P/E ratio of -8.48 and a beta of -0.13. The company has a current ratio of 1.01, a quick ratio of 0.95 and a debt-to-equity ratio of 3.45. The firm's fifty day moving average is $3.03 and its 200-day moving average is $3.81.
STUDIO CITY IH (NYSE:MSC - Get Free Report) last posted its earnings results on Thursday, May 8th. The company reported ($0.07) earnings per share (EPS) for the quarter. The firm had revenue of $161.72 million during the quarter. STUDIO CITY IH had a negative net margin of 15.56% and a negative return on equity of 14.77%.
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 position in shares of STUDIO CITY IH (NYSE:MSC - Free Report) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 25,000 shares of the company's stock, valued at approximately $141,000.
About STUDIO CITY IH
(
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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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