PENN Entertainment Inc (NASDAQ:PENN) currently has a daily average trading volume of 3.27M but it saw 2490667 shares traded in last market. With a market cap of 3.01B USD, the company’s current market price of $19.75 came falling about -4.59 while comparing to the previous closing price of $20.70. 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 $19.72 while lowest mark touched by it was $20.73.
Taking a look at 20-day trading activity of PENN Entertainment Inc (PENN) gives us an average price of $19.07, while its current price level is -27.40% below from 52-week high level whereas it is 46.30% 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 $18.99 while that of 200 days or SMA-200 reads an average of $18.60. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.61% during that period while stretching the period over a month that decreases to 3.37%. 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 55.23 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 2.92% up while it is 7.63% when we observe its performance for the past one month. Year-to-date it is -24.10% down and over the past year, the stock is showing an upside performance of 0.10%.
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 27.23 of forward P/E ratio. Stock’s beta reads 2.09. Stock has a price to book (P/B) ratio of 0.98 while price to sale or P/S ratio amounts to 0.48. Its return on asset (ROA) is -7.52% on average.
