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

Shares of Studio City Ih (NYSE:MSC) gapped down prior to trading on Tuesday . The stock had previously closed at $3.37, but opened at $2.80. Studio City Ih shares last traded at $3.0240, with a volume of 884 shares trading hands.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Studio City Ih in a report on Thursday, January 22nd. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has an average rating of “Sell”.

Studio City Ih Trading Down 3.8%

The firm’s fifty day simple moving average is $3.03 and its 200 day simple moving average is $3.50. The stock has a market capitalization of $634.48 million, a P/E ratio of -9.71 and a beta of -0.05. The company has a debt-to-equity ratio of 3.53, a quick ratio of 0.68 and a current ratio of 0.73.

Studio City Ih Company Profile

Studio City International Holdings Limited (NYSE: MSC) is a Cayman Islands–incorporated company that develops, owns and operates the Studio City integrated resort on the Cotai Strip in Macau. The business is principally engaged in gaming and non-gaming operations, including hotel accommodations, retail concessions, food and beverage outlets, live entertainment and themed attractions. Studio City is designed to cater to both mass-market and premium gaming customers while also appealing to family and leisure travelers through its entertainment and retail offerings.

The centerpiece of the company’s portfolio is the Studio City resort, which opened in October 2015 and features two landmark hotel towers, more than 1,600 guest rooms and suites, over 160,000 square feet of retail space, a range of dining concepts and convention facilities.