Studio City International (NYSE:MSC) Shares Down 3.1%

Studio City International Holdings Limited (NYSE:MSC) was down 3.1% during mid-day trading on Friday . The stock traded as low as $6.55 and last traded at $6.55. Approximately 784 shares changed hands during trading, a decline of 82% from the average daily volume of 4,412 shares. The stock had previously closed at $6.76.

Studio City International Trading Down 3.1 %

The business’s 50 day moving average is $6.98 and its 200-day moving average is $7.11. The company has a debt-to-equity ratio of 3.30, a current ratio of 2.51 and a quick ratio of 2.46.

Studio City International (NYSE:MSC) last issued its quarterly earnings results on Tuesday, April 30th. The company reported ($0.08) earnings per share (EPS) for the quarter. Studio City International had a negative net margin of 21.06% and a negative return on equity of 14.11%. The business had revenue of $150.16 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.