Studio City International (NYSE:MSC) Shares Gap Up to $5.48

Studio City International Holdings Limited (NYSE:MSC) gapped up before the market opened on Monday . The stock had previously closed at $5.48, but opened at $5.81. Studio City International shares last traded at $6.36, with a volume of 7,234 shares changing hands.

Studio City International Price Performance

The business has a 50-day moving average price of $6.22 and a two-hundred day moving average price of $6.90. The company has a quick ratio of 1.37, a current ratio of 1.41 and a debt-to-equity ratio of 3.29. The company has a market capitalization of $661.00 million, a price-to-earnings ratio of -9.45 and a beta of -0.47.

Studio City International (NYSE:MSC) last released its quarterly earnings data on Tuesday, August 13th. The company reported ($0.16) earnings per share for the quarter. The business had revenue of $161.50 million during the quarter. Studio City International had a negative net margin of 16.62% and a negative return on equity of 12.66%.

About Studio City International

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.