Studio City Ih (NYSE:MSC) Shares Up 8.7% – What’s Next?

Studio City Ih (NYSE:MSC) traded up 8.7% during trading on Tuesday . The company traded as high as $3.49 and last traded at $3.73. 121 shares traded hands during mid-day trading, a decline of 99% from the average session volume of 12,133 shares. The stock had previously closed at $3.43.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Studio City Ih in a research note on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has a consensus rating of “Sell”.

Studio City Ih Price Performance

The business’s fifty day simple moving average is $3.93 and its 200-day simple moving average is $4.00. The company has a current ratio of 0.76, a quick ratio of 0.71 and a debt-to-equity ratio of 3.45. The firm has a market cap of $785.99 million, a P/E ratio of -10.97 and a beta of -0.13.

Studio City Ih (NYSE:MSC) last issued 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 return on equity of 10.34% and a negative net margin of 9.66%.

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.