Studio City International Holdings Limited (NYSE:MSC - Get Free Report) shares were up 7.8% during mid-day trading on Tuesday . The company traded as high as $5.39 and last traded at $5.37. Approximately 2,170 shares were traded during trading, a decline of 94% from the average daily volume of 34,233 shares. The stock had previously closed at $4.98.
Studio City International Stock Performance
The stock's 50-day moving average is $6.26 and its 200-day moving average is $6.39. The stock has a market cap of $543.64 million, a price-to-earnings ratio of -10.67 and a beta of -0.38. 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 earnings results on Tuesday, November 5th. The company reported ($0.11) earnings per share (EPS) for the quarter. The business 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
A hedge fund recently raised its stake in Studio City International stock. Walleye Capital LLC raised its position in Studio City International Holdings Limited (NYSE:MSC - Free Report) by 19.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 65,000 shares of the company's stock after acquiring 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 quarter.
About Studio City International
(
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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