Studio City International Holdings Limited (NYSE:MSC - Get Free Report)'s share price shot up 4.5% during trading on Wednesday . The stock traded as high as $3.04 and last traded at $3.01. 1,102 shares changed hands during trading, a decline of 87% from the average session volume of 8,165 shares. The stock had previously closed at $2.88.
Studio City International Trading Down 0.9%
The stock's fifty day moving average price is $3.20 and its 200 day moving average price is $4.34. The stock has a market cap of $605.81 million, a P/E ratio of -6.25 and a beta of -0.17. The company has a current ratio of 1.01, a quick ratio of 0.97 and a debt-to-equity ratio of 3.19.
Studio City International (NYSE:MSC - Get Free Report) last released its earnings results on Thursday, May 8th. The company reported ($0.07) earnings per share (EPS) for the quarter. The business had revenue of $161.72 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
A hedge fund recently bought a new stake in Studio City International stock. Invesco Ltd. purchased a new position in 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 purchased 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
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
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
