Shares of Studio City Ih (NYSE:MSC - Get Free Report) were down 13.8% on Friday . The stock traded as low as $4.61 and last traded at $4.14. Approximately 1,883 shares changed hands during trading, a decline of 78% from the average daily volume of 8,688 shares. The stock had previously closed at $4.80.
Studio City Ih Stock Performance
The company has a quick ratio of 0.95, a current ratio of 1.01 and a debt-to-equity ratio of 3.45. The company has a market cap of $1.04 billion, a P/E ratio of -9.86 and a beta of -0.13. The business has a fifty day moving average of $3.43 and a 200 day moving average of $3.65.
Studio City Ih (NYSE:MSC - Get Free Report) last announced its earnings results on Thursday, May 8th. The company reported ($0.07) earnings per share (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 firm had revenue of $161.72 million during the quarter.
Institutional Investors Weigh In On Studio City Ih
An institutional investor recently bought a new position in Studio City Ih stock. Invesco Ltd. bought a new position in Studio City Ih (NYSE:MSC - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 25,000 shares of the company's stock, valued at approximately $141,000.
Studio City Ih Company Profile
(
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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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