Studio City International Holdings Limited (NYSE:MSC - Get Free Report) shares traded down 9% during mid-day trading on Monday . The stock traded as low as $5.77 and last traded at $5.90. 2,891 shares traded hands during mid-day trading, a decline of 50% from the average session volume of 5,817 shares. The stock had previously closed at $6.48.
Studio City International Stock Performance
The company has a market cap of $653.25 million, a PE ratio of -12.83 and a beta of -0.42. 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 stock's 50-day simple moving average is $6.39 and its 200 day simple moving average is $6.46.
Studio City International (NYSE:MSC - Get Free Report) last posted its quarterly earnings results on Tuesday, November 5th. The company reported ($0.11) earnings per share (EPS) for the quarter. The firm 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 increased its stake in Studio City International Holdings Limited (NYSE:MSC - Free Report) by 19.0% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 65,000 shares of the company's stock after purchasing 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 quarter.
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.
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