Studio City Ih (NYSE:MSC - Get Free Report)'s share price dropped 4.2% during mid-day trading on Thursday . The company traded as low as $4.44 and last traded at $4.42. Approximately 2,906 shares traded hands during mid-day trading, a decline of 67% from the average daily volume of 8,712 shares. The stock had previously closed at $4.61.
Studio City Ih Price Performance
The company's 50-day moving average is $3.24 and its two-hundred day moving average is $3.71. The company has a debt-to-equity ratio of 3.45, a current ratio of 1.01 and a quick ratio of 0.95. The firm has a market cap of $1.00 billion, a P/E ratio of -9.51 and a beta of -0.13.
Studio City Ih (NYSE:MSC - Get Free Report) last posted 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 firm had revenue of $161.72 million for 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) in the fourth quarter, according to the company in 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
(
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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