Studio City International Holdings Limited (NYSE:MSC - Get Free Report) shot up 7.2% on Friday . The company traded as high as $3.88 and last traded at $4.02. 153 shares changed hands during trading, a decline of 99% from the average session volume of 13,348 shares. The stock had previously closed at $3.75.
Studio City International Stock Performance
The company has a 50 day simple moving average of $5.03 and a 200-day simple moving average of $5.91. The company has a debt-to-equity ratio of 3.19, a current ratio of 1.01 and a quick ratio of 0.97. The stock has a market cap of $769.13 million, a P/E ratio of -7.93 and a beta of -0.40.
Institutional Trading of Studio City International
A hedge fund recently bought a new stake in Studio City International stock. Invesco Ltd. acquired a new stake in Studio City International Holdings Limited (NYSE:MSC - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 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.
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