Studio City International Holdings Limited (NYSE:MSC - Get Free Report)'s stock price was down 6.6% during trading on Wednesday . The stock traded as low as $3.50 and last traded at $3.35. Approximately 10,045 shares traded hands during trading, an increase of 19% from the average daily volume of 8,411 shares. The stock had previously closed at $3.58.
Studio City International Stock Performance
The stock's 50 day moving average is $3.64 and its two-hundred day moving average is $5.20. The firm has a market capitalization of $625.83 million, a P/E ratio of -6.46 and a beta of -0.35. The company has a debt-to-equity ratio of 3.19, a current ratio of 1.01 and a quick ratio of 0.97.
Studio City International (NYSE:MSC - Get Free Report) last announced its quarterly earnings results on Thursday, February 27th. The company reported ($0.14) EPS for the quarter. The company had revenue of $152.86 million during the quarter. Studio City International had a negative net margin of 14.46% and a negative return on equity of 12.84%.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in Studio City International stock. Invesco Ltd. purchased a new stake in Studio City International Holdings Limited (NYSE:MSC - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 25,000 shares of the company's stock, valued at approximately $141,000.
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
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
