PENN Entertainment Inc (NASDAQ:PENN) currently has a daily average trading volume of 3.61M but it saw 2337532 shares traded in last market. With a market cap of 2.82B USD, the company’s current market price of $18.46 came falling about -1.55 while comparing to the previous closing price of $18.75. 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 $18.26 while lowest mark touched by it was $18.74.
Taking a look at 20-day trading activity of PENN Entertainment Inc (PENN) gives us an average price of $19.11, while its current price level is -32.14% below from 52-week high level whereas it is 36.74% 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 $18.81 while that of 200 days or SMA-200 reads an average of $19.00. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.74% during that period while stretching the period over a month that increases to 3.75%. 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 45.78 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 0.22% up while it is 4.71% when we observe its performance for the past one month. Year-to-date it is -29.05% down and over the past year, the stock is showing a downside performance of -15.01%.
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 21.73 of forward P/E ratio. Stock’s beta reads 2.10. Stock has a price to book (P/B) ratio of 0.92 while price to sale or P/S ratio amounts to 0.45. Its return on asset (ROA) is -7.52% on average.
