Studio City International (NYSE:MSC) Trading Up 6%

Studio City International Holdings Limited (NYSE:MSC)’s share price rose 6% on Monday . The company traded as high as $7.67 and last traded at $7.55. Approximately 9,481 shares traded hands during trading, an increase of 89% from the average daily volume of 5,006 shares. The stock had previously closed at $7.12.

Studio City International Stock Performance

The firm has a fifty day moving average price of $7.21 and a 200 day moving average price of $6.39. The company has a debt-to-equity ratio of 3.20, a quick ratio of 1.98 and a current ratio of 2.02. The stock has a market cap of $858.08 million, a PE ratio of -10.80 and a beta of -0.44.

Studio City International (NYSE:MSC) last announced its quarterly earnings results on Thursday, February 29th. The company reported ($0.10) earnings per share for the quarter. The company had revenue of $141.25 million for the quarter. Studio City International had a negative return on equity of 16.03% and a negative net margin of 30.99%.

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.