Studio City International Holdings Limited (NYSE:MSC – Get Rating) was the target of a large drop in short interest in May. As of May 15th, there was short interest totalling 4,100 shares, a drop of 84.3% from the April 30th total of 26,100 shares. Based on an average daily volume of 22,400 shares, the days-to-cover ratio is presently 0.2 days.
NYSE:MSC traded up $0.07 on Friday, reaching $2.24. 13,820 shares of the stock traded hands, compared to its average volume of 16,808. The company has a market capitalization of $248.08 million, a price-to-earnings ratio of -0.89 and a beta of -0.39. The company has a current ratio of 5.40, a quick ratio of 5.37 and a debt-to-equity ratio of 2.12. Studio City International has a 12 month low of $1.69 and a 12 month high of $24.41. The company’s fifty day simple moving average is $4.45 and its 200 day simple moving average is $5.31.
Studio City International (NYSE:MSC – Get Rating) last announced its quarterly earnings results on Tuesday, March 1st. The company reported ($0.56) earnings per share (EPS) for the quarter. The company had revenue of $28.38 million for the quarter. Studio City International had a negative net margin of 286.51% and a negative return on equity of 23.78%.
About Studio City International (Get Rating)
Studio City International Holdings Limited operates a gaming, retail, and entertainment resort in Cotai, Macau. The company operates Studio City Casino with 250 mass market gaming tables; approximately 947 gaming machines; and 45 VIP rolling chip tables. Its resort provides various non-gaming facilities, including approximately 1,600 luxury hotel rooms; food and beverage outlets; figure-8 Ferris wheel; a night club and karaoke; a 5,000-seat live performance arena; and approximately 27,000 square meters of complementary retail space.
- Get a free copy of the StockNews.com research report on Studio City International (MSC)
- MarketBeat: Week in Review 5/23 – 5/27
- Short Sellers Provide Entry Into Hibbet, Inc At Rock Bottom Prices
- Affirm Stock Has Affirmed a Bottom
- Airbnb: Bold Competitive Threats & A New World of Travel
- Is RBC Bearings Rolling Into A Reversal?
Receive News & Ratings for Studio City International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Studio City International and related companies with MarketBeat.com's FREE daily email newsletter.