Studio City Ih (NYSE:MSC) Stock Price Up 8.5% – What’s Next?

Studio City Ih (NYSE:MSC) rose 8.5% on Monday . The company traded as high as $1.8480 and last traded at $1.78. Approximately 3,976 shares changed hands during trading, a decline of 2% from the average session volume of 4,058 shares. The stock had previously closed at $1.64.

Studio City Ih Stock Performance

The company has a debt-to-equity ratio of 3.03, a quick ratio of 0.21 and a current ratio of 0.23. The stock’s 50-day moving average is $2.11 and its 200 day moving average is $2.66. The firm has a market cap of $418.28 million, a P/E ratio of -9.05 and a beta of 0.13.

Studio City Ih (NYSE:MSC) last issued its quarterly earnings data on Tuesday, March 31st. The company reported $0.00 EPS for the quarter. The business had revenue of $176.72 million for the quarter. Studio City Ih had a negative return on equity of 6.90% and a negative net margin of 5.68%.

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.