Studio City Ih (NYSE:MSC - Get Free Report) was up 15.1% during trading on Thursday . The stock traded as high as $4.12 and last traded at $4.99. Approximately 3,300 shares changed hands during mid-day trading, a decline of 63% from the average daily volume of 9,019 shares. The stock had previously closed at $4.34.
Studio City Ih Stock Up 18.7%
The business has a fifty day moving average of $3.85 and a 200 day moving average of $3.66. The company has a debt-to-equity ratio of 3.62, a current ratio of 0.96 and a quick ratio of 0.95. The stock has a market cap of $1.09 billion, a price-to-earnings ratio of -14.71 and a beta of -0.08.
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 for the quarter. The business had revenue of $161.72 million during the quarter. Studio City Ih had a negative net margin of 10.13% and a negative return on equity of 10.36%.
Institutional Trading of Studio City Ih
An institutional investor recently bought a new position in Studio City Ih stock. Invesco Ltd. acquired a new position in shares of Studio City Ih (NYSE:MSC - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 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.
Further Reading
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