Studio City International (NYSE:MSC) Trading Down 4.1% - Should You Sell?

Studio City International Holdings Limited (NYSE:MSC - Get Free Report)'s stock price traded down 4.1% during mid-day trading on Thursday . The company traded as low as $6.27 and last traded at $6.28. 407 shares traded hands during mid-day trading, a decline of 93% from the average session volume of 5,815 shares. The stock had previously closed at $6.55.

Studio City International Stock Down 1.1 %

The company has a current ratio of 1.41, a quick ratio of 1.37 and a debt-to-equity ratio of 3.29. The business has a 50-day moving average price of $6.39 and a 200 day moving average price of $6.89. The stock has a market capitalization of $717.47 million, a P/E ratio of -11.09 and a beta of -0.46.

Studio City International (NYSE:MSC - Get Free Report) last released its quarterly earnings results on Tuesday, August 13th. The company reported ($0.16) earnings per share for the quarter. The company 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

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.