Free Trial

Studio City International (NYSE:MSC) Shares Gap Down - Time to Sell?

Studio City International logo with Consumer Discretionary background

Studio City International Holdings Limited (NYSE:MSC - Get Free Report) gapped down before the market opened on Monday . The stock had previously closed at $3.08, but opened at $2.91. Studio City International shares last traded at $3.12, with a volume of 1,499 shares changing hands.

Studio City International Stock Performance

The company has a debt-to-equity ratio of 3.19, a current ratio of 1.01 and a quick ratio of 0.97. The company has a 50 day simple moving average of $3.40 and a 200-day simple moving average of $4.81. The stock has a market capitalization of $617.61 million, a P/E ratio of -6.37 and a beta of -0.35.

Studio City International (NYSE:MSC - Get Free Report) last released its quarterly earnings data on Thursday, February 27th. The company reported ($0.14) EPS for the quarter. The business had revenue of $152.86 million for the quarter. Studio City International had a negative net margin of 14.46% and a negative return on equity of 12.84%.

Institutional Investors Weigh In On Studio City International

An institutional investor recently bought a new position in Studio City International stock. Invesco Ltd. acquired a new position in shares of Studio City International Holdings Limited (NYSE:MSC - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 25,000 shares of the company's stock, valued at approximately $141,000.

About Studio City International

(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.

Featured Articles

Should You Invest $1,000 in Studio City International Right Now?

Before you consider Studio City International, 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 International wasn't on the list.

While Studio City International currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Metaverse Stocks And Why You Can't Ignore Them Cover

Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

NVIDIA’s Secret Picks? 3 Stocks Rising With the AI Giant
NVIDIA Earnings Preview: HUGE Stock Move Ahead
These 5 Small Stocks Could Deliver Huge Returns

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines