Shares of Studio City International Holdings Limited (NYSE:MSC - Get Free Report) gapped up prior to trading on Wednesday . The stock had previously closed at $4.66, but opened at $4.80. Studio City International shares last traded at $4.80, with a volume of 240 shares trading hands.
Studio City International Price Performance
The company has a quick ratio of 0.97, a current ratio of 1.01 and a debt-to-equity ratio of 3.19. The stock's 50 day moving average price is $6.22 and its two-hundred day moving average price is $6.38. The stock has a market cap of $514.85 million, a price-to-earnings ratio of -10.11 and a beta of -0.38.
Studio City International (NYSE:MSC - Get Free Report) last announced its quarterly earnings results on Tuesday, November 5th. The company reported ($0.11) earnings per share for the quarter. The company had revenue of $174.63 million for the quarter. Studio City International had a negative return on equity of 12.84% and a negative net margin of 14.46%.
Institutional Inflows and Outflows
A hedge fund recently raised its stake in Studio City International stock. Walleye Capital LLC lifted its position in Studio City International Holdings Limited (NYSE:MSC - Free Report) by 19.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm 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 filing with the Securities and Exchange Commission (SEC).
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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