Shares of Studio City International Holdings Limited (NYSE:MSC - Get Free Report) gapped up prior to trading on Monday . The stock had previously closed at $2.94, but opened at $3.16. Studio City International shares last traded at $3.07, with a volume of 291 shares changing 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 business's 50-day moving average is $3.57 and its two-hundred day moving average is $5.11. The company has a market capitalization of $657.43 million, a P/E ratio of -6.78 and a beta of -0.35.
Studio City International (NYSE:MSC - Get Free Report) last announced its earnings results on Thursday, February 27th. The company reported ($0.14) earnings per share for the quarter. The business had revenue of $152.86 million during the quarter. Studio City International had a negative return on equity of 12.84% and a negative net margin of 14.46%.
Institutional Investors 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 the company in its most recent 13F filing with the SEC. The firm bought 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.
Further Reading
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 when you'll finally be able to invest in SpaceX, Starlink, or X.AI? Enter your email address to learn when Elon Musk will let these companies finally IPO.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
