PENN Entertainment Inc (NASDAQ:PENN) currently has a daily average trading volume of 4.61M but it saw 3456392 shares traded in last market. With a market cap of 3.06B USD, the company’s current market price of $20.05 came rising about 2.19 while comparing to the previous closing price of $19.62. In past 52 weeks, the stock remained buoying in the range of price level as high as $27.20 and as low as $13.50. In the recent trading on the day, stock has struck highest price mark of $19.88 while lowest mark touched by it was $20.43.
Taking a look at 20-day trading activity of PENN Entertainment Inc (PENN) gives us an average price of $18.92, while its current price level is -26.30% below from 52-week high level whereas it is 48.52% 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 $18.97 while that of 200 days or SMA-200 reads an average of $19.45. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.45% during that period while stretching the period over a month that decreases to 4.12%. 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 59.35 which implies that the stock is in neutral territory.
Craig Hallum upgraded its recommendation for the stock as a “Buy” from “Hold” on June 21, 2024 while assigning a price target of $30. Raymond James issued its recommendations for the stock as it initiated the price target for the stock is $20.
Over the week, PENN’s stock price is moving 9.20% up while it is 1.21% when we observe its performance for the past one month. Year-to-date it is -22.94% down and over the past year, the stock is showing a downside performance of -15.58%.
Currently, PENN Entertainment Inc’s total number of outstanding shares is 151.55M. Company’s return on investment (ROI) stands at -8.73% and return on equity (ROE) at -33.70%. It has a 23.52 of forward P/E ratio. Stock’s beta reads 2.09. Stock has a price to book (P/B) ratio of 1.00 while price to sale or P/S ratio amounts to 0.49. Its return on asset (ROA) is -7.52% on average.
