Studio City Ih (NYSE:MSC) Sees Large Volume Increase – Should You Buy?

Studio City Ih (NYSE:MSC) saw an uptick in trading volume on Wednesday . 2,636 shares changed hands during mid-day trading, an increase of 48% from the previous session’s volume of 1,783 shares.The stock last traded at $3.4760 and had previously closed at $3.50.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated 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 data from MarketBeat.com, the stock has an average rating of “Sell”.

Studio City Ih Stock Performance

The company has a quick ratio of 0.71, a current ratio of 0.76 and a debt-to-equity ratio of 3.45. The stock has a fifty day moving average price of $3.97 and a two-hundred day moving average price of $3.99. The company has a market capitalization of $732.25 million, a price-to-earnings ratio of -10.22 and a beta of -0.13.

Studio City Ih (NYSE:MSC) last posted its quarterly earnings data on Thursday, November 6th. The company reported ($0.10) EPS for the quarter. Studio City Ih had a negative net margin of 9.66% and a negative return on equity of 10.34%.

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.