Studio City Ih (NYSE:MSC - Get Free Report) shares shot up 6.2% during mid-day trading on Wednesday . The stock traded as high as $4.55 and last traded at $4.63. 1,333 shares traded hands during mid-day trading, a decline of 85% from the average session volume of 8,694 shares. The stock had previously closed at $4.36.
Studio City Ih Stock Performance
The stock has a market capitalization of $933.49 million, a PE ratio of -8.86 and a beta of -0.13. The firm's fifty day moving average is $3.14 and its 200-day moving average is $3.74. The company has a current ratio of 1.01, a quick ratio of 0.95 and a debt-to-equity ratio of 3.45.
Studio City Ih (NYSE:MSC - Get Free Report) last issued its quarterly earnings results on Thursday, May 8th. The company reported ($0.07) earnings per share (EPS) for the quarter. Studio City Ih had a negative return on equity of 14.77% and a negative net margin of 15.56%. The business had revenue of $161.72 million for the quarter.
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 stake in Studio City Ih (NYSE:MSC - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. 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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