PENN Entertainment Inc (PENN) average volume reaches $3.27M: Are the Stars Lining Up for Investors?

As on Thursday, PENN Entertainment Inc (NASDAQ: PENN) started slowly as it slid -4.59% to $19.75, before settling in for the price of $20.70 at the close. Taking a more long-term approach, PENN posted a 52-week range of $13.50-$27.20.

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In the past 5-years timespan, the Consumer Cyclical sector firm’s annual sales growth was 17.61%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 58.12%. This publicly-traded company’s shares outstanding now amounts to $151.55 million, simultaneously with a float of $150.87 million. The organization now has a market capitalization sitting at $3.01 billion. At the time of writing, stock’s 50-day Moving Average stood at $18.99, while the 200-day Moving Average is $18.60.

PENN Entertainment Inc (PENN) Ownership Facts and Figures

Another important factor to analyze is how key investors are playing towards the stock of the Resorts & Casinos industry. PENN Entertainment Inc’s current insider ownership accounts for 1.13%, in contrast to 103.55% institutional ownership. According to the most recent insider trade that took place on Sep 10 ’24, this organization’s Director bought 10,000 shares at the rate of 17.51, making the entire transaction reach 175,100 in total value, affecting insider ownership by 293,450. Preceding that transaction, on Sep 06 ’24, Company’s Director bought 15,000 for 18.40, making the whole transaction’s value amount to 276,000. This particular insider is now the holder of 31,523 in total.

PENN Entertainment Inc (PENN) Earnings and Revenue Records

PENN Entertainment Inc’s EPS increase for this current 12-month fiscal period is 58.12% and is forecasted to reach 0.73 in the upcoming year.

PENN Entertainment Inc (NASDAQ: PENN) Trading Performance Indicators

Let’s observe the current performance indicators for PENN Entertainment Inc (PENN). It’s Quick Ratio in the last reported quarter now stands at 1.03. The Stock has managed to achieve an average true range (ATR) of 0.71. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.48.

In the same vein, PENN’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -8.10, a figure that is expected to reach -0.26 in the next quarter, and analysts are predicting that it will be 0.73 at the market close of one year from today.

Technical Analysis of PENN Entertainment Inc (PENN)

Through scrutinizing the latest numbers posted by the [PENN Entertainment Inc, PENN], it can be observed that its last 5-days Average volume of 2.95 million was lower the volume of 5.18 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 77.45% While, its Average True Range was 0.74.

Raw Stochastic average of PENN Entertainment Inc (PENN) in the period of the previous 100 days is set at 68.17%, which indicates a major rise in contrast to 52.21% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 38.53% that was lower than 50.72% volatility it exhibited in the past 100-days period.