Studio City Ih (NYSE:MSC) Shares Gap Down – Time to Sell?

Studio City Ih (NYSE:MSC)’s stock 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.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Studio City Ih in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has an average rating of “Sell”.

Studio City Ih Price Performance

The company’s fifty day moving average is $4.07 and its two-hundred day moving average is $3.96. The firm has a market capitalization of $815.47 million, a price-to-earnings ratio of -11.06 and a beta of -0.17. The company has a quick ratio of 0.92, a current ratio of 0.96 and a debt-to-equity ratio of 3.62.

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

Studio City Ih Company Profile

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.