Studio City Ih (NYSE:MSC - Get Free Report) shares fell 13.8% during mid-day trading on Friday . The stock traded as low as $4.61 and last traded at $4.14. 1,883 shares were traded during mid-day trading, a decline of 78% from the average session volume of 8,688 shares. The stock had previously closed at $4.80.
Studio City Ih Stock Performance
The stock has a market capitalization of $1.02 billion, a P/E ratio of -9.64 and a beta of -0.13. The company has a 50 day simple moving average of $3.40 and a 200-day simple moving average of $3.69. The company has a debt-to-equity ratio of 3.45, a current ratio of 1.01 and a quick ratio of 0.95.
Studio City Ih (NYSE:MSC - Get Free Report) last released 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 net margin of 15.56% and a negative return on equity of 14.77%. 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. acquired a new stake in Studio City Ih (NYSE:MSC - Free Report) in the fourth quarter, according to its most recent filing with the SEC. The fund acquired 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
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
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.