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Studio City Ih (NYSE:MSC) Trading 3.8% Higher - Still a Buy?

Studio City Ih logo with Consumer Discretionary background

Key Points

  • Studio City Ih (NYSE:MSC) shares increased by 3.8% to $4.60, though trading volume was down 28% from average levels.
  • Weiss Ratings has assigned a "sell (d-)" rating on Studio City Ih, contributing to an average rating of "Sell" from investment analysts.
  • The company is focused on the entertainment sector with operations in Macau, including a casino and various attractions, holding a market cap of $969.29 million.
  • Five stocks we like better than Studio City Ih.

Studio City Ih (NYSE:MSC - Get Free Report) shares traded up 3.8% on Wednesday . The stock traded as high as $4.50 and last traded at $4.60. 6,457 shares changed hands during trading, a decline of 28% from the average session volume of 9,013 shares. The stock had previously closed at $4.43.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a "sell (d-)" rating on shares of Studio City Ih in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the company has an average rating of "Sell".

Check Out Our Latest Stock Report on MSC

Studio City Ih Stock Performance

The company has a market cap of $969.29 million, a P/E ratio of -13.14 and a beta of -0.14. The company has a quick ratio of 0.92, a current ratio of 0.96 and a debt-to-equity ratio of 3.62. The stock's 50-day moving average price is $4.31 and its 200 day moving average price is $3.83.

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.

Further Reading

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