Studio City International Holdings Limited (NYSE:MSC - Get Free Report) rose 5.6% on Monday . The company traded as high as $2.95 and last traded at $3.14. Approximately 204 shares traded hands during mid-day trading, a decline of 97% from the average daily volume of 8,011 shares. The stock had previously closed at $2.97.
Studio City International Stock Performance
The company has a debt-to-equity ratio of 3.19, a quick ratio of 0.97 and a current ratio of 1.01. The stock has a market cap of $640.58 million, a P/E ratio of -6.61 and a beta of -0.35. The stock has a fifty day simple moving average of $3.51 and a 200-day simple moving average of $4.93.
Studio City International (NYSE:MSC - Get Free Report) last issued its quarterly earnings results on Thursday, February 27th. The company reported ($0.14) earnings per share (EPS) for the quarter. Studio City International had a negative net margin of 14.46% and a negative return on equity of 12.84%. The business had revenue of $152.86 million during the quarter.
Hedge Funds Weigh In On Studio City International
A hedge fund recently bought a new stake in Studio City International stock. Invesco Ltd. bought a new position in shares of Studio City International Holdings Limited (NYSE:MSC - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 25,000 shares of the company's stock, valued at approximately $141,000.
About Studio City International
(
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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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