Studio City International Holdings Limited (NYSE:MSC - Get Free Report)'s stock price rose 11.1% on Thursday . The company traded as high as $2.94 and last traded at $3.07. Approximately 1,442 shares changed hands during mid-day trading, a decline of 82% from the average daily volume of 7,995 shares. The stock had previously closed at $2.76.
Studio City International Trading Down 2.5 %
The stock's 50 day moving average is $4.28 and its two-hundred day moving average is $5.66. The company has a market capitalization of $787.02 million, a PE ratio of -8.12 and a beta of -0.41. The company has a quick ratio of 0.97, a current ratio of 1.01 and a debt-to-equity ratio of 3.19.
Studio City International (NYSE:MSC - Get Free Report) last released its quarterly earnings data on Thursday, February 27th. The company reported ($0.14) earnings per share for the quarter. Studio City International had a negative return on equity of 12.84% and a negative net margin of 14.46%. The business had revenue of $152.86 million during the quarter.
Institutional Trading of Studio City International
A hedge fund recently bought a new stake in Studio City International stock. Invesco Ltd. purchased a new stake in shares of Studio City International Holdings Limited (NYSE:MSC - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 25,000 shares of the company's stock, valued at approximately $141,000.
About Studio City International
(
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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.
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