Studio City International (NYSE:MSC) Posts Earnings Results

Studio City International (NYSE:MSC) announced its quarterly earnings results on Thursday. The company reported ($0.14) EPS for the quarter, Zacks reports. Studio City International had a negative net margin of 14.46% and a negative return on equity of 12.84%.

Studio City International Stock Down 0.8 %

Shares of NYSE:MSC traded down $0.03 during trading hours on Thursday, hitting $3.67. The company’s stock had a trading volume of 28,584 shares, compared to its average volume of 15,782. The firm’s fifty day moving average price is $4.72 and its 200 day moving average price is $5.81. Studio City International has a 52 week low of $3.50 and a 52 week high of $9.30. The company has a market capitalization of $773.54 million, a price-to-earnings ratio of -7.98 and a beta of -0.40. The company has a debt-to-equity ratio of 3.19, a current ratio of 1.01 and a quick ratio of 0.97.

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.