Studio City Ih (NYSE:MSC) Trading Up 3.4% – What’s Next?

Studio City Ih (NYSE:MSC) traded up 3.4% during mid-day trading on Tuesday . The company traded as high as $3.81 and last traded at $3.9390. 201 shares changed hands during trading, a decline of 98% from the average session volume of 12,675 shares. The stock had previously closed at $3.81.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued 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.com, the company currently has an average rating of “Sell”.

Studio City Ih Price Performance

The company has a debt-to-equity ratio of 3.62, a current ratio of 0.96 and a quick ratio of 0.92. The firm has a market capitalization of $789.13 million, a price-to-earnings ratio of -10.70 and a beta of -0.17. The stock has a 50 day moving average price of $4.06 and a two-hundred day moving average price of $3.95.

Studio City Ih (NYSE:MSC) last announced its earnings results on Thursday, November 6th. The company reported ($0.10) EPS for the quarter. Studio City Ih had a negative net margin of 10.13% and a negative return on equity of 10.36%.

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.