Studio City International Holdings Limited (NYSE:MSC - Get Free Report) saw unusually-high trading volume on Thursday . Approximately 19,560 shares were traded during mid-day trading, an increase of 27% from the previous session's volume of 15,443 shares.The stock last traded at $3.74 and had previously closed at $3.70.
Studio City International Price Performance
The stock has a market cap of $545.75 million, a P/E ratio of -5.63 and a beta of -0.40. The firm has a 50-day moving average price of $4.56 and a 200-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 earnings results on Thursday, February 27th. The company reported ($0.14) earnings per share (EPS) 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
An institutional investor recently raised its position in Studio City International stock. Walleye Capital LLC grew its holdings in Studio City International Holdings Limited (NYSE:MSC - Free Report) by 19.0% in the third 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 purchasing an additional 10,392 shares during the period. Walleye Capital LLC owned about 0.06% of Studio City International worth $488,000 as of its most recent SEC filing.
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.
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