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Studio City Ih (NYSE:MSC) Stock Price Up 5.2% - What's Next?

Studio City Ih logo with Consumer Discretionary background

Key Points

  • Studio City Ih (NYSE:MSC) saw a share price increase of 5.2% during mid-day trading, closing at $4.07 after previously trading at a low of $3.87.
  • Despite the uptick in share price, Weiss Ratings has a "sell (d-)" rating on the stock, which also has a consensus rating of "Sell" from analysts.
  • The company operates an entertainment resort in Macau that includes a casino and various non-gaming attractions, but it has a significant debt-to-equity ratio of 3.62.
  • Five stocks we like better than Studio City Ih.

Studio City Ih (NYSE:MSC - Get Free Report)'s share price traded up 5.2% during mid-day trading on Tuesday . The company traded as high as $4.23 and last traded at $4.07. 4,171 shares changed hands during mid-day trading, a decline of 69% from the average session volume of 13,423 shares. The stock had previously closed at $3.87.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a "sell (d-)" rating on shares of Studio City Ih in a report on Saturday, September 27th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has a consensus rating of "Sell".

Check Out Our Latest Research Report on MSC

Studio City Ih Price Performance

The business has a 50 day moving average of $4.40 and a 200 day moving average of $3.79. The company has a market cap of $863.94 million, a PE ratio of -11.71 and a beta of -0.14. The company has a debt-to-equity ratio of 3.62, a current ratio of 0.96 and a quick ratio of 0.92.

About Studio City Ih

(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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