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Studio City International (NYSE:MSC) Sees Strong Trading Volume - Should You Buy?

Studio City International logo with Consumer Discretionary background

Studio City International Holdings Limited (NYSE:MSC - Get Free Report) saw unusually-strong trading volume on Tuesday . Approximately 3,763 shares traded hands during trading, a decline of 35% from the previous session's volume of 5,768 shares.The stock last traded at $6.11 and had previously closed at $6.30.

Studio City International Trading Up 1.6 %

The company has a debt-to-equity ratio of 3.29, a quick ratio of 1.37 and a current ratio of 1.41. The company has a 50 day moving average of $6.38 and a two-hundred day moving average of $6.91. The stock has a market cap of $708.61 million, a PE ratio of -11.00 and a beta of -0.46.

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 for the quarter. Studio City International had a negative net margin of 16.62% and a negative return on equity of 12.66%. The business had revenue of $161.50 million during the quarter.

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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