Studio City International Holdings Ltd ADR (NYSE: MSC) Stock: Does It Mean Opportunity?

In the last trading session, 51398.0 shares of the Studio City International Holdings Ltd ADR (NYSE:MSC) were traded, and its beta was -0.39. Most recently the company’s share price was $4.50, and it changed around -$0.05 or -1.10% from the last close, which brings the market valuation of the company to $866.65M. MSC currently trades at a discount to its 52-week high of $9.30, offering almost -106.67% off that amount. The share price’s 52-week low was $4.12, which indicates that the current value has risen by an impressive 8.44% since then. We note from Studio City International Holdings Ltd ADR’s average daily trading volume that its 10-day average is 22850.0 shares, with the 3-month average coming to 8.15K.

Studio City International Holdings Ltd ADR stock received a consensus recommendation rating of Hold, based on a mean score of 1.00. If we narrow it down even further, the data shows that 1 out of 2 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 1 recommended MSC as a Hold, whereas 0 deemed it a Buy, and 0 rated it as Underweight.

Studio City International Holdings Ltd ADR (NYSE:MSC) trade information

Instantly MSC has showed a red trend with a performance of -1.10% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 4.95 on recent trading dayincreased the stock’s daily price by 9.09%. The company’s shares are currently down -20.35% year-to-date, but still down -5.66% over the last five days. On the other hand, Studio City International Holdings Ltd ADR (NYSE:MSC) is -27.54% down in the 30-day period. We can see from the shorts that 10238.0 shares have been sold at a short interest cover period of 1.74 day(s).

Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -8.98%.

MSC Dividends

Studio City International Holdings Ltd ADR’s next quarterly earnings report is expected to be released in February.

FMR LLC, with 1.9776% or 3.81 million shares worth $22.28 million as of 2024-06-30, holds the second largest percentage of outstanding shares.