Studio City Ih (NYSE:MSC) Shares Gap Down – Here’s What Happened

Studio City Ih (NYSE:MSC)’s share price gapped down prior to trading on Wednesday . The stock had previously closed at $3.91, but opened at $3.69. Studio City Ih shares last traded at $3.87, with a volume of 409 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Studio City Ih in a research note on Wednesday, October 8th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the company has an average rating of “Sell”.

Studio City Ih Stock Down 3.2%

The company has a market capitalization of $779.44 million, a price-to-earnings ratio of -10.57 and a beta of -0.17. The company has a debt-to-equity ratio of 3.62, a quick ratio of 0.92 and a current ratio of 0.96. The business’s 50 day moving average is $4.05 and its 200 day moving average is $3.96.

Studio City Ih (NYSE:MSC) last issued its earnings results 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 10.36% and a negative net margin of 10.13%.

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.