Studio City International Holdings Limited (NYSE:MSC - Get Free Report) was the recipient of a significant drop in short interest during the month of March. As of March 31st, there was short interest totalling 700 shares, a drop of 76.7% from the March 15th total of 3,000 shares. Approximately 0.0% of the company's stock are sold short. Based on an average daily volume of 11,900 shares, the short-interest ratio is currently 0.1 days.
Studio City International Stock Up 2.0 %
MSC stock traded up $0.06 during mid-day trading on Friday, hitting $3.12. The stock had a trading volume of 1,696 shares, compared to its average volume of 8,044. Studio City International has a 1-year low of $2.30 and a 1-year high of $9.30. The company has a fifty day moving average of $3.57 and a 200 day moving average of $5.07. The company has a current ratio of 1.01, a quick ratio of 0.97 and a debt-to-equity ratio of 3.19. The stock has a market capitalization of $657.43 million, a price-to-earnings ratio of -6.78 and a beta of -0.35.
Studio City International (NYSE:MSC - Get Free Report) last released its quarterly earnings data on Thursday, February 27th. The company reported ($0.14) EPS for the quarter. The firm had revenue of $152.86 million during the quarter. Studio City International had a negative return on equity of 12.84% and a negative net margin of 14.46%.
Institutional Inflows and Outflows
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) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 25,000 shares of the company's stock, valued at approximately $141,000.
Studio City International Company Profile
(
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.
Read More
Before you consider Studio City International, 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 International wasn't on the list.
While Studio City International currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
