Studio City Ih (NYSE:MSC) Shares Gap Up - Here's Why

Key Points

• Studio City Ih (NYSE:MSC) shares experienced a gap up before trading on Friday, opening at $4.50 after closing at $4.32, with the last traded price at $4.42.
• Despite the recent price movement, Weiss Ratings has given the stock a "sell (d-)" rating, contributing to a consensus rating of "Sell" among analysts.
• Studio City International Holdings Limited operates an entertainment resort in Macau, with facilities including a casino, various non-gaming attractions, hotel rooms, and retail space.

Studio City Ih (NYSE:MSC - Get Free Report) gapped up prior to trading on Friday . The stock had previously closed at $4.32, but opened at $4.50. Studio City Ih shares last traded at $4.42, with a volume of 645 shares traded.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a "sell (d-)" rating on shares of Studio City Ih in a research note on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock currently has a consensus rating of "Sell".

Studio City Ih Stock Up 2.2%

The company has a fifty day moving average of $4.34 and a two-hundred day moving average of $3.82. The company has a market cap of $930.33 million, a PE ratio of -12.61 and a beta of -0.14. The company has a debt-to-equity ratio of 3.62, a quick ratio of 0.92 and a current ratio of 0.96.

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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