Shares of Studio City International Holdings Limited (NYSE:MSC - Get Free Report) saw unusually-strong trading volume on Friday . Approximately 6,390 shares were traded during mid-day trading, a decline of 21% from the previous session's volume of 8,121 shares.The stock last traded at $3.59 and had previously closed at $3.30.
Studio City International Stock Performance
The firm has a market capitalization of $791.24 million, a P/E ratio of -8.16 and a beta of -0.41. The stock has a fifty day moving average of $4.20 and a 200-day moving average of $5.63. The company has a quick ratio of 0.97, a current ratio of 1.01 and a debt-to-equity ratio of 3.19.
Studio City International (NYSE:MSC - Get Free Report) last posted its quarterly earnings data on Thursday, February 27th. The company reported ($0.14) 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 business had revenue of $152.86 million for the quarter.
Institutional Investors Weigh In On Studio City International
A hedge fund recently bought a new stake in Studio City International stock. Invesco Ltd. bought a new stake in Studio City International Holdings Limited (NYSE:MSC - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 25,000 shares of the company's stock, valued at approximately $141,000.
Studio City International Company Profile
(
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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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