Studio City International (NYSE:MSC) Trading Up 4.7% – Time to Buy?

Studio City International Holdings Limited (NYSE:MSC) shares were up 4.7% during mid-day trading on Thursday . The company traded as high as $7.35 and last traded at $7.35. Approximately 434 shares traded hands during mid-day trading, a decline of 92% from the average daily volume of 5,771 shares. The stock had previously closed at $7.02.

Studio City International Trading Up 1.0 %

The company has a market capitalization of $785.00 million, a P/E ratio of -12.10 and a beta of -0.46. The company has a 50-day simple moving average of $6.35 and a 200 day simple moving average of $6.95. The company has a debt-to-equity ratio of 3.29, a quick ratio of 1.37 and a current ratio of 1.41.

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

Studio City International Company Profile

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.