Studio City International (NYSE:MSC) Shares Gap Up to $5.08

Studio City International Holdings Limited (NYSE:MSC)’s stock price gapped up prior to trading on Tuesday . The stock had previously closed at $5.08, but opened at $5.63. Studio City International shares last traded at $5.63, with a volume of 742 shares trading hands.

Studio City International Trading Up 1.4 %

The business has a 50 day moving average of $6.28 and a two-hundred day moving average of $6.91. The company has a debt-to-equity ratio of 3.29, a quick ratio of 1.37 and a current ratio of 1.41. The firm has a market capitalization of $631.10 million, a price-to-earnings ratio of -9.83 and a beta of -0.47.

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