Studio City International Holdings Limited (NYSE:MSC - Get Free Report)'s share price fell 6.6% on Wednesday . The company traded as low as $6.05 and last traded at $6.05. 247 shares traded hands during trading, a decline of 96% from the average session volume of 5,576 shares. The stock had previously closed at $6.48.
Studio City International Stock Down 1.2 %
The firm has a fifty day moving average price of $6.46 and a 200-day moving average price of $6.50. The firm has a market cap of $708.61 million, a price-to-earnings ratio of -13.91 and a beta of -0.42. 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 posted its quarterly earnings results on Tuesday, November 5th. The company reported ($0.11) earnings per share for the quarter. The company 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 Trading of Studio City International
An institutional investor recently raised its position in Studio City International stock. Walleye Capital LLC boosted its stake in Studio City International Holdings Limited (NYSE:MSC - Free Report) by 19.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 65,000 shares of the company's stock after acquiring an additional 10,392 shares during the period. 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
(
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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