Studio City International Holdings Limited (NYSE:MSC - Get Free Report) was up 4% on Tuesday . The company traded as high as $3.76 and last traded at $3.90. Approximately 202 shares traded hands during mid-day trading, a decline of 98% from the average daily volume of 8,270 shares. The stock had previously closed at $3.75.
Studio City International Stock Performance
The stock has a fifty day simple moving average of $3.92 and a 200-day simple moving average of $5.44. The stock has a market cap of $780.49 million, a P/E ratio of -8.05 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.
Studio City International (NYSE:MSC - Get Free Report) last posted its quarterly earnings data on Thursday, February 27th. The company reported ($0.14) earnings per share (EPS) for the quarter. The firm 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%.
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 Studio City International Holdings Limited (NYSE:MSC - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund 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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