Studio City International (NYSE:MSC) Shares Gap Down to $6.31

Studio City International Holdings Limited (NYSE:MSC) shares gapped down prior to trading on Friday . The stock had previously closed at $6.31, but opened at $5.60. Studio City International shares last traded at $5.60, with a volume of 107 shares traded.

Studio City International Stock Performance

The company has a fifty day moving average price of $6.37 and a two-hundred day moving average price of $6.94. The firm has a market cap of $671.01 million, a price-to-earnings ratio of -10.45 and a beta of -0.47. The company has a debt-to-equity ratio of 3.29, a current ratio of 1.41 and a quick ratio of 1.37.

Studio City International (NYSE:MSC) last issued its quarterly earnings results on Tuesday, August 13th. The company reported ($0.16) earnings per share for the quarter. The business had revenue of $161.50 million during the quarter. Studio City International had a negative net margin of 16.62% and a negative return on equity of 12.66%.

About Studio City International

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.