Studio City International Holdings Limited (NYSE:MSC - Get Free Report)'s stock price reached a new 52-week low during mid-day trading on Friday . The stock traded as low as $4.12 and last traded at $4.55, with a volume of 33178 shares traded. The stock had previously closed at $4.58.
Studio City International Stock Up 4.9 %
The stock has a fifty day simple moving average of $6.01 and a two-hundred day simple moving average of $6.31. The company has a current ratio of 1.01, a quick ratio of 0.97 and a debt-to-equity ratio of 3.19.
Studio City International (NYSE:MSC - Get Free Report) last announced its earnings results on Tuesday, November 5th. The company reported ($0.11) 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 business had revenue of $174.63 million during the quarter.
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 holdings in Studio City International Holdings Limited (NYSE:MSC - Free Report) by 19.0% in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 65,000 shares of the company's stock after buying an additional 10,392 shares during the quarter. Walleye Capital LLC owned about 0.06% of Studio City International worth $488,000 at the end of the most recent reporting period.
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
Thinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.