Studio City Ih (NYSE:MSC) Stock Price Down 6.6% – Time to Sell?

Studio City Ih (NYSE:MSC)’s share price fell 6.6% on Tuesday . The stock traded as low as $2.59 and last traded at $2.68. 459 shares were traded during trading, a decline of 92% from the average session volume of 5,866 shares. The stock had previously closed at $2.87.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Studio City Ih in a report on Thursday, January 22nd. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has an average rating of “Sell”.

Studio City Ih Stock Down 1.7%

The company has a market cap of $571.47 million, a PE ratio of -8.76 and a beta of 0.07. The company has a quick ratio of 0.68, a current ratio of 0.73 and a debt-to-equity ratio of 3.53. The company’s fifty day moving average is $2.94 and its 200-day moving average is $3.44.

Studio City Ih Company Profile

Studio City International Holdings Limited (NYSE: MSC) is a Cayman Islands–incorporated company that develops, owns and operates the Studio City integrated resort on the Cotai Strip in Macau. The business is principally engaged in gaming and non-gaming operations, including hotel accommodations, retail concessions, food and beverage outlets, live entertainment and themed attractions. Studio City is designed to cater to both mass-market and premium gaming customers while also appealing to family and leisure travelers through its entertainment and retail offerings.

The centerpiece of the company’s portfolio is the Studio City resort, which opened in October 2015 and features two landmark hotel towers, more than 1,600 guest rooms and suites, over 160,000 square feet of retail space, a range of dining concepts and convention facilities.