Boyd Gaming Corp. (NYSE:BYD) currently has a daily average trading volume of 882.88K but it saw 1549211 shares traded in last market. With a market cap of 5.12B USD, the company’s current market price of $53.35 came falling about -0.30 while comparing to the previous closing price of $53.51. In past 52 weeks, the stock remained buoying in the range of price level as high as $73.00 and as low as $52.42.
Taking a look at 20-day trading activity of Boyd Gaming Corp. (BYD) gives us an average price of $62.26, while its current price level is -26.92% below from 52-week high level whereas it is 1.77% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $63.35 while that of 200 days or SMA-200 reads an average of $62.85. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.24% during that period while stretching the period over a month that decreases to 2.09%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 20.99 which implies that the stock is in oversold territory.
JP Morgan downgraded its recommendation for the stock as a “Neutral” from “Overweight” on April 26, 2024 while assigning a price target range of $80-$67. Deutsche Bank also issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $78 and $71.
Over the week, BYD’s stock price is moving -16.10% down while it is -19.97% when we observe its performance for the past one month. Year-to-date it is -14.79% down and over the past year, the stock is showing a downside performance of -25.15%.
Currently, Boyd Gaming Corp.’s total number of outstanding shares is 98.83M. Company’s return on investment (ROI) stands at 10.45% and return on equity (ROE) at 37.19%. It has a price to earnings ratio (P/E ratio) of 9.59 while having a 8.12 of forward P/E ratio. Stock’s beta reads 1.65. Stock has a price to book (P/B) ratio of 3.02 while price to sale or P/S ratio amounts to 1.37. Its return on asset (ROA) is 9.50% on average.
