Studio City Ih (NYSE:MSC) Shares Gap Down - Time to Sell?

Key Points

• Studio City Ih shares gapped down from $4.68 to $4.52, closing at $4.83 with a trading volume of 35,531 shares.
• Weiss Ratings issued a "sell (d-)" rating for Studio City Ih, contributing to an overall average rating of "Sell" for the stock.
• The company has a high debt-to-equity ratio of 3.62 and a market cap of $945.08 million, indicating potential financial strain.

Studio City Ih (NYSE:MSC - Get Free Report) shares gapped down prior to trading on Thursday . The stock had previously closed at $4.68, but opened at $4.52. Studio City Ih shares last traded at $4.83, with a volume of 35,531 shares.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a "sell (d-)" rating on shares of Studio City Ih in a research note on Wednesday. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, Studio City Ih currently has an average rating of "Sell".

Studio City Ih Trading Down 4.2%

The company has a debt-to-equity ratio of 3.62, a quick ratio of 0.92 and a current ratio of 0.96. The company has a 50 day simple moving average of $4.39 and a two-hundred day simple moving average of $3.79. The company has a market cap of $945.08 million, a PE ratio of -12.81 and a beta of -0.14.

Studio City Ih Company Profile

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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