Studio City Ih (NYSE:MSC) Issues Quarterly Earnings Results

Studio City Ih (NYSE:MSC) announced its quarterly earnings results on Thursday. The company reported ($0.10) EPS for the quarter, Zacks reports. Studio City Ih had a negative return on equity of 10.36% and a negative net margin of 10.13%.

Studio City Ih Stock Performance

MSC traded down $0.23 during trading on Friday, hitting $3.84. The stock had a trading volume of 3,897 shares, compared to its average volume of 13,048. The firm has a market cap of $809.15 million, a PE ratio of -10.97 and a beta of -0.17. The company has a current ratio of 0.96, a quick ratio of 0.92 and a debt-to-equity ratio of 3.62. Studio City Ih has a 12 month low of $2.30 and a 12 month high of $7.24. The company has a 50 day simple moving average of $4.12 and a 200-day simple moving average of $3.90.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Studio City Ih in a report on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has a consensus rating of “Sell”.

About Studio City Ih

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.