Studio City Ih (NYSE:MSC - Get Free Report) was down 4.2% 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 Stock Performance
The firm has a market cap of $962.99 million, a P/E ratio of -9.14 and a beta of -0.13. The stock's 50 day moving average is $3.20 and its two-hundred day moving average is $3.74. 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 posted its earnings results on Thursday, May 8th. The company reported ($0.07) earnings per share for the quarter. The business had revenue of $161.72 million during the quarter. Studio City Ih had a negative net margin of 15.56% and a negative return on equity of 14.77%.
Hedge Funds Weigh In On Studio City Ih
A hedge fund recently bought a new stake in Studio City Ih stock. Invesco Ltd. purchased a new stake in Studio City Ih (NYSE:MSC - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 25,000 shares of the company's stock, valued at approximately $141,000.
About Studio City Ih
(
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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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