Studio City International (NYSE:MSC) Stock Price Up 5.5%

Studio City International Holdings Limited (NYSE:MSCGet Free Report) shot up 5.5% during trading on Wednesday . The stock traded as high as $8.00 and last traded at $8.00. 4,421 shares were traded during mid-day trading, a decline of 17% from the average session volume of 5,355 shares. The stock had previously closed at $7.58.

Studio City International Stock Up 9.6 %

The company has a market cap of $920.08 million, a PE ratio of -13.07 and a beta of -0.47. The business has a fifty day simple moving average of $6.22 and a two-hundred day simple moving average of $6.91. The company has a current ratio of 1.41, a quick ratio of 1.37 and a debt-to-equity ratio of 3.29.

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

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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