Shares of Studio City International Holdings Limited (NYSE:MSC - Get Free Report) gapped up before the market opened on Thursday . The stock had previously closed at $3.60, but opened at $3.85. Studio City International shares last traded at $3.85, with a volume of 522 shares trading hands.
Studio City International Trading Up 2.3 %
The company has a debt-to-equity ratio of 3.19, a current ratio of 1.01 and a quick ratio of 0.97. The business has a fifty day moving average of $3.81 and a 200-day moving average of $5.35. The stock has a market capitalization of $756.47 million, a price-to-earnings ratio of -7.80 and a beta of -0.35.
Studio City International (NYSE:MSC - Get Free Report) last released its earnings results on Thursday, February 27th. The company reported ($0.14) EPS for the quarter. Studio City International had a negative net margin of 14.46% and a negative return on equity of 12.84%. The business had revenue of $152.86 million for the quarter.
Hedge Funds Weigh In On Studio City International
An institutional investor recently bought a new position in Studio City International stock. Invesco Ltd. bought a new position 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 (SEC). The firm bought 25,000 shares of the company's stock, valued at approximately $141,000.
About Studio City International
(
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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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