Studio City Ih (NYSE:MSC - Get Free Report)'s stock price traded down 4.2% on Thursday . The stock traded as low as $4.44 and last traded at $4.42. 2,906 shares were traded during trading, a decline of 67% from the average session volume of 8,712 shares. The stock had previously closed at $4.61.
Studio City Ih Price Performance
The stock has a market capitalization of $1.00 billion, a P/E ratio of -9.51 and a beta of -0.13. The company has a current ratio of 1.01, a quick ratio of 0.95 and a debt-to-equity ratio of 3.45. The company has a fifty day simple moving average of $3.24 and a two-hundred day simple moving average of $3.73.
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 (EPS) for the quarter. The company had revenue of $161.72 million for the quarter. Studio City Ih had a negative return on equity of 14.77% and a negative net margin of 15.56%.
Hedge Funds Weigh In On Studio City Ih
A hedge fund recently bought a new stake in Studio City Ih stock. Invesco Ltd. bought a new position in shares of Studio City Ih (NYSE:MSC - Free Report) in the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 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.
Further Reading
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
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.