Studio City Ih (NYSE:MSC - Get Free Report)'s stock price rose 6% during trading on Wednesday . The company traded as high as $3.00 and last traded at $3.00. Approximately 1,572 shares changed hands during trading, a decline of 80% from the average daily volume of 8,004 shares. The stock had previously closed at $2.83.
Studio City Ih Trading Up 8.6%
The business's fifty day simple moving average is $2.98 and its 200 day simple moving average is $3.89. The company has a current ratio of 1.01, a quick ratio of 0.95 and a debt-to-equity ratio of 3.45. The stock has a market cap of $702.75 million, a P/E ratio of -6.67 and a beta of -0.16.
Studio City Ih (NYSE:MSC - Get Free Report) last issued its quarterly earnings data on Thursday, May 8th. The company reported ($0.07) EPS for the quarter. Studio City Ih had a negative return on equity of 14.77% and a negative net margin of 15.56%. The company had revenue of $161.72 million for the quarter.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in Studio City Ih stock. Invesco Ltd. bought a new stake in Studio City Ih (NYSE:MSC - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 25,000 shares of the company's stock, valued at approximately $141,000.
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.
Featured Articles
Before you consider Studio City Ih, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Studio City Ih wasn't on the list.
While Studio City Ih currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Unlock your free copy of MarketBeat's comprehensive guide to pot stock investing and discover which cannabis companies are poised for growth. Plus, you'll get exclusive access to our daily newsletter with expert stock recommendations from Wall Street's top analysts.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
