Shares of Studio City Ih (NYSE:MSC - Get Free Report) rose 14.5% during trading on Tuesday . The company traded as high as $3.67 and last traded at $3.64. Approximately 5,479 shares traded hands during trading, a decline of 33% from the average daily volume of 8,136 shares. The stock had previously closed at $3.18.
Studio City Ih Stock Up 34.4%
The company has a debt-to-equity ratio of 3.45, a quick ratio of 0.95 and a current ratio of 1.01. The stock's 50-day moving average price is $2.98 and its two-hundred day moving average price is $3.80. The stock has a market capitalization of $900.83 million, a PE ratio of -8.55 and a beta of -0.16.
Studio City Ih (NYSE:MSC - Get Free Report) last announced its quarterly earnings data on Thursday, May 8th. The company reported ($0.07) earnings per share for the quarter. Studio City Ih had a negative return on equity of 14.77% and a negative net margin of 15.56%. The business had revenue of $161.72 million during the quarter.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in Studio City Ih stock. Invesco Ltd. purchased a new stake in shares of Studio City Ih (NYSE:MSC - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 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 Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
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
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
