Studio City International Holdings Limited (NYSE:MSC) Position Lifted by Silver Point Capital L.P.

Silver Point Capital L.P. lifted its position in Studio City International Holdings Limited (NYSE:MSC) by 0.2% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 28,689,314 shares of the company’s stock after purchasing an additional 47,024 shares during the quarter. Studio City International comprises about 14.8% of Silver Point Capital L.P.’s holdings, making the stock its 2nd biggest holding. Silver Point Capital L.P. owned approximately 25.91% of Studio City International worth $215,170,000 at the end of the most recent reporting period.

Separately, Walleye Capital LLC boosted its position in shares of Studio City International by 19.0% during the third quarter. Walleye Capital LLC now owns 65,000 shares of the company’s stock worth $488,000 after buying an additional 10,392 shares during the period.

Studio City International Price Performance

NYSE MSC opened at $6.50 on Friday. Studio City International Holdings Limited has a 1-year low of $4.85 and a 1-year high of $9.30. The company has a quick ratio of 0.97, a current ratio of 1.01 and a debt-to-equity ratio of 3.19. The stock has a 50-day moving average of $6.62 and a two-hundred day moving average of $6.64.

Studio City International (NYSE:MSC) last announced its quarterly earnings data on Tuesday, November 5th. The company reported ($0.11) earnings per share (EPS) for the quarter. The company had revenue of $174.63 million during the quarter. Studio City International had a negative net margin of 14.46% and a negative return on equity of 12.84%.

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.