Studio City International (NYSE:MSC) Sees Large Volume Increase

Studio City International Holdings Limited (NYSE:MSC) shares saw unusually-strong trading volume on Tuesday . Approximately 5,484 shares were traded during trading, an increase of 7% from the previous session’s volume of 5,103 shares.The stock last traded at $5.70 and had previously closed at $5.97.

Studio City International Stock Performance

The stock has a market capitalization of $693.11 million, a P/E ratio of -10.62 and a beta of -0.47. The company’s fifty day simple moving average is $6.20 and its two-hundred day simple moving average is $6.89. The company has a debt-to-equity ratio of 3.29, a quick ratio of 1.37 and a current ratio of 1.41.

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

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.