Studio City International Holdings Limited (NYSE:MSC - Get Free Report) was up 7.4% on Tuesday . The company traded as high as $6.50 and last traded at $6.50. Approximately 1,677 shares were traded during mid-day trading, a decline of 71% from the average daily volume of 5,765 shares. The stock had previously closed at $6.05.
Studio City International Stock Performance
The company has a 50-day moving average of $6.38 and a 200-day moving average of $6.47. The firm has a market capitalization of $724.11 million, a P/E ratio of -14.22 and a beta of -0.42. The company has a current ratio of 1.01, a quick ratio of 0.97 and a debt-to-equity ratio of 3.19.
Studio City International (NYSE:MSC - Get Free Report) last posted its quarterly earnings data on Tuesday, November 5th. The company reported ($0.11) EPS for the quarter. Studio City International had a negative return on equity of 12.84% and a negative net margin of 14.46%. The company had revenue of $174.63 million during the quarter.
Institutional Trading of Studio City International
A hedge fund recently raised its stake in Studio City International stock. Walleye Capital LLC lifted its position in shares of Studio City International Holdings Limited (NYSE:MSC - Free Report) by 19.0% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. 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 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.
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