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Studio City International (NYSE:MSC) Shares Up 4.7% - What's Next?

Studio City International logo with Consumer Discretionary background

Shares of Studio City International Holdings Limited (NYSE:MSC - Get Free Report) rose 4.7% during trading on Thursday . The stock traded as high as $7.35 and last traded at $7.35. Approximately 434 shares changed hands during trading, a decline of 92% from the average daily volume of 5,771 shares. The stock had previously closed at $7.02.

Studio City International Stock Performance

The business's 50 day simple moving average is $6.35 and its two-hundred day simple moving average is $6.95. The firm has a market capitalization of $775.04 million, a P/E ratio of -11.97 and a beta of -0.46. The company has a current ratio of 1.41, a quick ratio of 1.37 and a debt-to-equity ratio of 3.29.

Studio City International (NYSE:MSC - Get Free Report) last announced its quarterly earnings results on Tuesday, August 13th. The company reported ($0.16) earnings per share (EPS) for the quarter. The business had revenue of $161.50 million for the quarter. Studio City International had a negative net margin of 16.62% and a negative return on equity of 12.66%.

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.

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