Studio City International (NYSE:MSC) Sees Large Volume Increase

Studio City International Holdings Limited (NYSE:MSC) shares saw an uptick in trading volume on Tuesday . 5,484 shares changed hands during trading, an increase of 7% from the previous session’s volume of 5,103 shares.The stock last traded at $5.70 and had previously closed at $5.97.

Studio City International Price Performance

The firm has a market cap of $693.11 million, a price-to-earnings ratio of -10.62 and a beta of -0.47. The business has a 50 day simple moving average of $6.20 and a 200-day simple moving average of $6.89. 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 issued its quarterly earnings data 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 firm had revenue of $161.50 million during the quarter.

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.