Studio City Ih (NYSE:MSC) Shares Gap Down - Should You Sell?

Key Points

• Shares gapped down before the open (closed $2.40, opened $2.19) and last traded near $2.43 on light volume (1,220), trading below its 50‑day ($2.76) and 200‑day ($3.24) moving averages.
• Analyst sentiment is negative: Weiss Ratings reiterated a Sell (D-) and the MarketBeat consensus rating is Sell.
• Company fundamentals show strain — market cap ~$569M, negative net margin (‑5.68%) and ROE (‑6.90%), high debt‑to‑equity (3.03) and weak liquidity (current ratio 0.23).

Shares of Studio City Ih (NYSE:MSC - Get Free Report) gapped down before the market opened on Thursday . The stock had previously closed at $2.40, but opened at $2.19. Studio City Ih shares last traded at $2.4280, with a volume of 1,220 shares.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a "sell (d-)" rating on shares of Studio City Ih in a research note on Thursday, January 22nd. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company has a consensus rating of "Sell".

Studio City Ih Price Performance

The firm has a market capitalization of $568.94 million, a PE ratio of -12.27 and a beta of 0.09. The company has a debt-to-equity ratio of 3.03, a quick ratio of 0.68 and a current ratio of 0.23. The business's 50 day moving average is $2.76 and its two-hundred day moving average is $3.24.

Studio City Ih (NYSE:MSC - Get Free Report) last released its quarterly earnings data on Tuesday, March 31st. The company reported $0.00 earnings per share for the quarter. Studio City Ih had a negative net margin of 5.68% and a negative return on equity of 6.90%. The business had revenue of $176.72 million during the quarter.

Studio City Ih Company Profile

Studio City International Holdings Limited NYSE: MSC is a Cayman Islands–incorporated company that develops, owns and operates the Studio City integrated resort on the Cotai Strip in Macau. The business is principally engaged in gaming and non-gaming operations, including hotel accommodations, retail concessions, food and beverage outlets, live entertainment and themed attractions. Studio City is designed to cater to both mass-market and premium gaming customers while also appealing to family and leisure travelers through its entertainment and retail offerings.

The centerpiece of the company’s portfolio is the Studio City resort, which opened in October 2015 and features two landmark hotel towers, more than 1,600 guest rooms and suites, over 160,000 square feet of retail space, a range of dining concepts and convention facilities.

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