Studio City International (NYSE:MSC) Sees Unusually-High Trading Volume

Shares of Studio City International Holdings Limited (NYSE:MSC) saw unusually-high trading volume on Monday . Approximately 6,395 shares changed hands during trading, an increase of 27% from the previous session’s volume of 5,039 shares.The stock last traded at $5.69 and had previously closed at $6.06.

Studio City International Price Performance

The company has a quick ratio of 1.37, a current ratio of 1.41 and a debt-to-equity ratio of 3.29. The business’s 50-day moving average is $6.30 and its two-hundred day moving average is $6.92. The company has a market capitalization of $631.10 million, a P/E ratio of -9.83 and a beta of -0.47.

Studio City International (NYSE:MSC) last posted its quarterly earnings data on Tuesday, August 13th. The company reported ($0.16) earnings per share (EPS) for the quarter. Studio City International had a negative return on equity of 12.66% and a negative net margin of 16.62%. The company had revenue of $161.50 million for the quarter.

About Studio City International

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.