Free Trial

Studio City International (NYSE:MSC) Reaches New 1-Year Low - What's Next?

Studio City International logo with Consumer Discretionary background

Studio City International Holdings Limited (NYSE:MSC - Get Free Report) shares reached a new 52-week low during trading on Friday . The stock traded as low as $3.44 and last traded at $3.50, with a volume of 565 shares. The stock had previously closed at $3.46.

Studio City International Stock Performance

The company has a market cap of $545.75 million, a P/E ratio of -5.63 and a beta of -0.40. The business has a 50 day moving average price of $4.56 and a two-hundred day moving average price of $5.74. The company has a debt-to-equity ratio of 3.19, a quick ratio of 0.97 and a current ratio of 1.01.

Studio City International (NYSE:MSC - Get Free Report) last announced its quarterly earnings data on Thursday, February 27th. The company reported ($0.14) earnings per share for the quarter. Studio City International had a negative net margin of 14.46% and a negative return on equity of 12.84%. The company had revenue of $152.86 million during the quarter.

Institutional Trading of Studio City International

An institutional investor recently raised its position in Studio City International stock. Walleye Capital LLC grew its holdings in shares of Studio City International Holdings Limited (NYSE:MSC - Free Report) by 19.0% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 65,000 shares of the company's stock after buying an additional 10,392 shares during the period. Walleye Capital LLC owned 0.06% of Studio City International worth $488,000 as of its most recent SEC filing.

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.

Recommended Stories

Should You Invest $1,000 in Studio City International Right Now?

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

10 Best Cheap Stocks to Buy Now Cover

MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Enter your email address and below to see which companies made the list.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Congress Cashes In on Stocks—Here’s How You Can Too!
5 Stocks to BUY NOW in March 2025
Archer Aviation: Sinking Now, Soaring Soon?

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines