Separately, Zacks Investment Research upgraded shares of Studio City International from a hold rating to a buy rating and set a $22.00 target price on the stock in a report on Friday, September 20th.
Shares of MSC traded up $0.54 on Tuesday, reaching $19.44. The stock had a trading volume of 7,810 shares, compared to its average volume of 7,391. The firm has a market capitalization of $1.47 billion and a price-to-earnings ratio of -81.00. The company has a debt-to-equity ratio of 1.29, a quick ratio of 1.64 and a current ratio of 1.66. The company has a 50-day simple moving average of $19.38 and a 200-day simple moving average of $19.44. Studio City International has a 12-month low of $12.73 and a 12-month high of $21.22.
About Studio City International
Studio City International Holdings Ltd. is a gaming, retail and entertainment resort located in Cotai, Macau. It engages in the hospitality business and provision of gaming related services in Macau. The company was founded on August 2, 2000 and is headquartered in Hong Kong.
Featured Article: What Factors Can Affect Return on Equity?
To view ValuEngine’s full report, visit ValuEngine’s official website.
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.