Studio City International Holdings Limited (NYSE:MSC - Get Free Report) shares gapped up prior to trading on Monday . The stock had previously closed at $3.75, but opened at $3.93. Studio City International shares last traded at $3.98, with a volume of 229 shares traded.
Studio City International Stock Performance
The company has a fifty day moving average price of $4.01 and a two-hundred day moving average price of $5.53. The firm has a market cap of $824.95 million, a price-to-earnings ratio of -8.51 and a beta of -0.41. 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 issued its quarterly earnings results on Thursday, February 27th. The company reported ($0.14) earnings per share 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 during the quarter.
Institutional Inflows and Outflows
A hedge fund recently raised its stake in Studio City International stock. Walleye Capital LLC lifted its stake in shares of 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 & Exchange Commission. The institutional investor owned 65,000 shares of the company's stock after acquiring an additional 10,392 shares during the quarter. Walleye Capital LLC owned 0.06% of Studio City International worth $488,000 at the end of the most recent reporting period.
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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