Studio City International (NYSE:MSC) Sets New 12-Month Low – Here’s Why

Posted by Casey Walker on Feb 8th, 2025

Studio City International Holdings Limited (NYSE:MSC – Get Free Report)’s stock price reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as $3.91 and last traded at $3.96, with a volume of 11142 shares. The stock had previously closed at $4.15.

Studio City International Price Performance

The company has a debt-to-equity ratio of 3.19, a quick ratio of 0.97 and a current ratio of 1.01. The firm has a market capitalization of $876.60 million, a P/E ratio of -9.04 and a beta of -0.40. The company has a 50-day moving average price of $5.42 and a 200-day moving average price of $6.06.

Studio City International (NYSE:MSC – Get Free Report) last posted its quarterly earnings results on Tuesday, November 5th. The company reported ($0.11) earnings per share (EPS) for the quarter. The company had revenue of $174.63 million during the quarter. Studio City International had a negative return on equity of 12.84% and a negative net margin of 14.46%.

Institutional Trading of Studio City International

An institutional investor recently raised its position in Studio City International stock. Walleye Capital LLC increased its holdings in shares of Studio City International Holdings Limited (NYSE:MSC – Free Report) by 19.0% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 65,000 shares of the company’s stock after purchasing an additional 10,392 shares during the period. Walleye Capital LLC owned 0.06% of Studio City International worth $488,000 as of its most recent filing with the SEC.

About Studio City International

(Get Free Report)

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.