Studio City International Holdings Limited (NYSE:MSC - Get Free Report) was the target of a significant growth in short interest during the month of February. As of February 15th, there was short interest totalling 7,700 shares, a growth of 51.0% from the January 31st total of 5,100 shares. Based on an average daily trading volume, of 11,400 shares, the days-to-cover ratio is currently 0.7 days.
Studio City International Stock Performance
Shares of NYSE MSC traded down $0.66 during trading on Monday, reaching $2.59. 16,471 shares of the stock traded hands, compared to its average volume of 7,850. The stock has a market capitalization of $545.75 million, a P/E ratio of -5.63 and a beta of -0.40. The company has a debt-to-equity ratio of 3.19, a current ratio of 1.01 and a quick ratio of 0.97. The company has a 50-day moving average of $4.63 and a 200-day moving average of $5.77. Studio City International has a 52-week low of $2.58 and a 52-week high of $9.30.
Studio City International (NYSE:MSC - Get Free Report) last released its quarterly earnings results on Thursday, February 27th. The company reported ($0.14) earnings per share for the quarter. Studio City International had a negative return on equity of 12.84% and a negative net margin of 14.46%. The firm had revenue of $152.86 million during the quarter.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in Studio City International stock. Invesco Ltd. acquired a new stake in shares of Studio City International Holdings Limited (NYSE:MSC - Free Report) during the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 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.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
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
Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
