Shares of Studio City International Holdings Limited (NYSE:MSC - Get Free Report) hit a new 52-week low during trading on Thursday . The company traded as low as $4.30 and last traded at $4.65, with a volume of 6292 shares traded. The stock had previously closed at $4.66.
Studio City International Stock Down 0.2 %
The firm's fifty day simple moving average is $6.18 and its two-hundred day simple moving average is $6.37. 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 company has a market capitalization of $514.85 million, a price-to-earnings ratio of -10.11 and a beta of -0.38.
Studio City International (NYSE:MSC - Get Free Report) last posted its earnings results on Tuesday, November 5th. The company reported ($0.11) earnings per share (EPS) for the quarter. The business had revenue of $174.63 million for the quarter. Studio City International had a negative return on equity of 12.84% and a negative net margin of 14.46%.
Institutional Investors Weigh In On Studio City International
An institutional investor recently raised its position in Studio City International stock. Walleye Capital LLC increased its position in shares of Studio City International Holdings Limited (NYSE:MSC - Free Report) by 19.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 65,000 shares of the company's stock after acquiring an additional 10,392 shares during the period. Walleye Capital LLC owned about 0.06% of Studio City International worth $488,000 at the end of the most recent 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.
See Also
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
If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
