Studio City International Holdings Limited (NYSE:MSC - Get Free Report)'s stock price traded down 2.6% on Wednesday . The stock traded as low as $4.14 and last traded at $3.86. 106 shares changed hands during trading, a decline of 99% from the average session volume of 15,002 shares. The stock had previously closed at $3.96.
Studio City International Price Performance
The stock 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 quick ratio of 0.97 and a current ratio of 1.01. The company has a 50-day simple moving average of $4.00 and a two-hundred day simple moving average of $5.51.
Studio City International (NYSE:MSC - Get Free Report) last released its quarterly earnings data on Thursday, February 27th. The company reported ($0.14) EPS for the quarter. The company had revenue of $152.86 million for the quarter. Studio City International had a negative return on equity of 12.84% and a negative net margin of 14.46%.
Hedge Funds Weigh In On Studio City International
A hedge fund recently raised its stake in Studio City International stock. Walleye Capital LLC boosted its position in Studio City International Holdings Limited (NYSE:MSC - Free Report) by 19.0% in the 3rd quarter, according to its most recent 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 quarter. Walleye Capital LLC owned about 0.06% of Studio City International worth $488,000 at the end of the most recent reporting period.
Studio City International Company Profile
(
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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.
Further Reading
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