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

Studio City Ih (NYSE:MSC)’s share price gapped down prior to trading on Friday . The stock had previously closed at $3.61, but opened at $3.37. Studio City Ih shares last traded at $3.48, with a volume of 502 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Studio City Ih in a research report on Wednesday, October 8th. One 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 Down 5.0%

The company has a quick ratio of 0.71, a current ratio of 0.76 and a debt-to-equity ratio of 3.45. The company has a market cap of $720.66 million, a price-to-earnings ratio of -10.06 and a beta of -0.13. The firm has a 50 day moving average price of $3.90 and a two-hundred day moving average price of $4.00.

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 9.66% and a negative return on equity of 10.34%.

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.