Studio City International (NYSE:MSC) Shares Down 4.3% – Time to Sell?

Studio City International Holdings Limited (NYSE:MSC) shares fell 4.3% during mid-day trading on Wednesday . The stock traded as low as $6.15 and last traded at $6.66. 3,386 shares traded hands during mid-day trading, a decline of 41% from the average session volume of 5,729 shares. The stock had previously closed at $6.96.

Studio City International Trading Down 10.6 %

The company has a quick ratio of 1.37, a current ratio of 1.41 and a debt-to-equity ratio of 3.29. The company has a market capitalization of $688.68 million, a P/E ratio of -12.00 and a beta of -0.46. The business has a fifty day moving average price of $6.38 and a 200 day moving average price of $6.95.

Studio City International (NYSE:MSC) last released its earnings results on Tuesday, August 13th. The company reported ($0.16) EPS for the quarter. The firm 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%.

Studio City International 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.