Shares of Studio City Ih (NYSE:MSC - Get Free Report) gapped down prior to trading on Monday . The stock had previously closed at $4.80, but opened at $3.58. Studio City Ih shares last traded at $4.59, with a volume of 3,616 shares trading hands.
Studio City Ih Stock Down 6.6%
The business has a 50 day moving average of $3.82 and a 200-day moving average of $3.66. The stock has a market cap of $945.08 million, a PE ratio of -12.81 and a beta of -0.08. The company has a current ratio of 0.96, a quick ratio of 0.95 and a debt-to-equity ratio of 3.62.
Studio City Ih (NYSE:MSC - Get Free Report) last released its quarterly earnings data on Thursday, May 8th. The company reported ($0.07) earnings per share for the quarter. Studio City Ih had a negative return on equity of 10.36% and a negative net margin of 10.13%. The company had revenue of $161.72 million for the quarter.
Hedge Funds 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 Studio City Ih (NYSE:MSC - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 25,000 shares of the company's stock, valued at approximately $141,000.
Studio City Ih Company Profile
(
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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