Studio City Ih (NYSE:MSC) Shares Gap Down – Time to Sell?

Studio City Ih (NYSE:MSC) gapped down prior to trading on Tuesday . The stock had previously closed at $3.82, but opened at $3.56. Studio City Ih shares last traded at $3.4950, with a volume of 5,862 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Studio City Ih in a research note on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, Studio City Ih presently has an average rating of “Sell”.

Studio City Ih Price Performance

The company’s 50-day simple moving average is $4.01 and its 200 day simple moving average is $3.98. The company has a market cap of $691.15 million, a PE ratio of -9.37 and a beta of -0.17. The company has a debt-to-equity ratio of 3.62, a quick ratio of 0.92 and a current ratio of 0.96.

Studio City Ih (NYSE:MSC) last announced its quarterly earnings data on Thursday, November 6th. The company reported ($0.10) earnings per share (EPS) for the quarter. Studio City Ih had a negative net margin of 10.13% and a negative return on equity of 10.36%.

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.