Studio City Ih (NYSE:MSC) Shares Gap Up – What’s Next?

Studio City Ih (NYSE:MSC) shares gapped up before the market opened on Thursday . The stock had previously closed at $3.73, but opened at $4.06. Studio City Ih shares last traded at $3.9050, with a volume of 1,152 shares.

Analyst Upgrades and Downgrades

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

Studio City Ih Trading Up 4.7%

The company has a market capitalization of $822.85 million, a P/E ratio of -11.16 and a beta of -0.17. The business has a 50 day moving average price of $4.06 and a 200 day moving average price of $3.92. The company has a current ratio of 0.96, a quick ratio of 0.92 and a debt-to-equity ratio of 3.62.

Studio City Ih (NYSE:MSC) last issued its quarterly earnings data on Thursday, November 6th. The company reported ($0.10) earnings per share (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.