Studio City International Holdings Ltd - ADR Shares Close the Day 10.9% Higher - Daily Wrap

The company saw its shares close the day 10.9% higher than yesterday, with trading volume lower than its 30 day average.

Jun 09, 2023 by Kwhen Finance Editors

Studio City International Holdings Ltd - ADR Shares Close the Day 10.9% Higher - Daily Wrap
Studio City International Holdings Ltd - ADR (MSC) shares closed today 10.9% higher than it did at the end of yesterday. The stock is currently up 6.2% year-to-date, up 110.3% over the past 12 months, and down 59.2% over the past five years. Today, the Dow Jones Industrial Average rose 0.1%, and the S&P 500 rose 0.2%.

Trading Activity

  • Shares traded as high as $6.72 and as low as $5.90 this week.
  • Shares closed 26.6% below its 52-week high and 361.8% above its 52-week low.
  • Trading volume this week was 54.6% lower than the 10-day average and 75.8% lower than the 30-day average.
  • Beta, a measure of the stock’s volatility relative to the overall market stands at 0.0.

Technical Indicators

  • The Relative Strength Index (RSI) on the stock was between 30 and 70.
  • MACD, a trend-following momentum indicator, indicates an upward trend.
  • The stock closed below its Bollinger band, indicating it may be oversold.

Market Comparative Performance

  • The company's share price beats the S&P 500 Index today, beats it on a 1-year basis, and lags it on a 5-year basis
  • The company's share price beats the Dow Jones Industrial Average today, beats it on a 1-year basis, and lags it on a 5-year basis
NameDoD %ΔYTD %Δ1 Yr %52-Week H %52-Week L %
Studio City International Holdings Ltd - ADR10.96.2110.3-34.6311.8
Dow Jones Industrial Average0.13.35.2-1.520.0
S&P 500 Index0.212.66.10.124.5
Technology Industry-1.2-59.4-58.6-74.24.1

Peer Group Comparative Performance

  • The company's stock price performance year-to-date lags the peer average by -6.3%
  • The company's stock price performance over the past 12 months beats the peer average by 109.1%
NameMKT CAP (USD)P/EYTD %Δ1 Yr %Δ52-Week H %52-Week L %
Studio City International Holdings Ltd - ADRMSC06.2110.3-34.6311.8
Peer AvgN/A3.16.652.7-8.678.0
Melco Resorts & Entertainment Ltd - ADRMLCO-8.06.494.3
Penn National Gaming, Inc.PENN6.0-10.4-22.4
Red Rock Resorts Inc - Class ARRR14.324.328.8
Studio City International Holdings Ltd - ADRMSC06.2110.3-34.6311.8

This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2021 Kwhen Inc.

Was this content valuable for you?

Tags: