Studio City Ih (NYSE:MSC - Get Free Report)'s stock price rose 6% during trading on Wednesday . The stock traded as high as $3.00 and last traded at $3.00. Approximately 1,572 shares changed hands during mid-day 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 Stock Performance
The stock has a market capitalization of $681.68 million, a price-to-earnings ratio of -6.47 and a beta of -0.16. The company's fifty day simple moving average is $2.98 and its 200 day simple moving average is $3.87. The company has a quick ratio of 0.95, a current ratio of 1.01 and a debt-to-equity ratio of 3.45.
Studio City Ih (NYSE:MSC - Get Free Report) last released its quarterly earnings data on Thursday, May 8th. The company reported ($0.07) EPS for the quarter. Studio City Ih had a negative net margin of 15.56% and a negative return on equity of 14.77%. The company had revenue of $161.72 million during the quarter.
Hedge Funds Weigh In On Studio City Ih
An institutional investor recently bought a new position in Studio City Ih stock. Invesco Ltd. purchased a new stake in Studio City Ih (NYSE:MSC - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 25,000 shares of the company's stock, valued at approximately $141,000.
Studio City Ih Company Profile
(
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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