Studio City International (NYSE:MSC) Trading Down 6.5%

Studio City International Holdings Limited (NYSE:MSC) traded down 6.5% during trading on Thursday . The stock traded as low as $5.50 and last traded at $5.60. 7,150 shares changed hands during mid-day trading, an increase of 46% from the average session volume of 4,890 shares. The stock had previously closed at $5.99.

Studio City International Trading Down 6.5 %

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 stock has a market cap of $620.03 million, a PE ratio of -10.17 and a beta of -0.47. The business’s fifty day moving average is $6.40 and its 200 day moving average is $6.98.

Studio City International (NYSE:MSC) last posted its earnings results on Tuesday, August 13th. The company reported ($0.16) earnings per share 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

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.