Studio City Ih (NYSE:MSC) Shares Gap Up – Still a Buy?

Shares of Studio City Ih (NYSE:MSC) gapped up prior to trading on Friday . The stock had previously closed at $4.31, but opened at $4.50. Studio City Ih shares last traded at $4.31, with a volume of 503 shares changing hands.

Analysts Set New Price Targets

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

Studio City Ih Price Performance

The firm has a market cap of $916.63 million, a PE ratio of -12.43 and a beta of -0.14. The company has a debt-to-equity ratio of 3.62, a current ratio of 0.96 and a quick ratio of 0.92. The company has a 50 day moving average price of $4.37 and a 200 day moving average price of $3.80.

Studio City Ih 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.