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Studio City Ih (NYSE:MSC) Trading Up 5.5% - Time to Buy?

Studio City Ih logo with Consumer Discretionary background

Key Points

  • Shares of Studio City International Holdings Limited rose 5.5% to close at $3.91, despite an 80% drop in trading volume compared to the average.
  • The company operates an entertainment resort in Macau, which includes a casino, hotel, and various non-gaming attractions.
  • Studio City Ih has a market capitalization of $818.65 million and significant debt with a debt-to-equity ratio of 3.62.
  • Five stocks we like better than Studio City Ih.

Shares of Studio City Ih (NYSE:MSC - Get Free Report) were up 5.5% on Friday . The company traded as high as $3.98 and last traded at $3.91. Approximately 2,782 shares traded hands during mid-day trading, a decline of 80% from the average daily volume of 13,732 shares. The stock had previously closed at $3.70.

Studio City Ih Price Performance

The company has a current ratio of 0.96, a quick ratio of 0.92 and a debt-to-equity ratio of 3.62. The company has a 50 day moving average price of $4.50 and a 200 day moving average price of $3.78. The company has a market capitalization of $818.65 million, a P/E ratio of -11.10 and a beta of -0.11.

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.

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