The key reasons why Churchill Downs, Inc (CHDN) is 0.55% away from 52-week high?

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As on Wednesday, Churchill Downs, Inc (NASDAQ: CHDN) got off with the flyer as it spiked 7.50% to $147.45, before settling in for the price of $137.16 at the close. Taking a more long-term approach, CHDN posted a 52-week range of $111.10-$146.64.

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The Consumer Cyclical Sector giants’ yearly sales growth during the last 5-year period was 22.38%. Meanwhile, its Annual Earning per share during the time was 27.90%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 15.59%. This publicly-traded company’s shares outstanding now amounts to $74.50 million, simultaneously with a float of $66.39 million. The organization now has a market capitalization sitting at $10.84 billion. At the time of writing, stock’s 50-day Moving Average stood at $138.43, while the 200-day Moving Average is $131.80.

Churchill Downs, Inc (CHDN) Ownership Facts and Figures

Another important factor to analyze is how key investors are playing towards the stock of the Gambling industry. Churchill Downs, Inc’s current insider ownership accounts for 9.68%, in contrast to 77.65% institutional ownership.

Churchill Downs, Inc (CHDN) Earnings and Revenue Records

Churchill Downs, Inc’s EPS increase for this current 12-month fiscal period is 15.59% and is forecasted to reach 6.94 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 13.08% through the next 5 years, which can be compared against the 27.90% growth it accomplished over the previous five years trading on the market.

Churchill Downs, Inc (NASDAQ: CHDN) Trading Performance Indicators

Let’s observe the current performance indicators for Churchill Downs, Inc (CHDN). It’s Quick Ratio in the last reported quarter now stands at 0.55. The Stock has managed to achieve an average true range (ATR) of 3.92. Alongside those numbers, its PE Ratio stands at $26.84, and its Beta score is 0.96. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 4.06. Similarly, its price to free cash flow for trailing twelve months is now 71.48.

In the same vein, CHDN’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 5.49, a figure that is expected to reach 0.93 in the next quarter, and analysts are predicting that it will be 6.94 at the market close of one year from today.

Technical Analysis of Churchill Downs, Inc (CHDN)

Through scrutinizing the latest numbers posted by the [Churchill Downs, Inc, CHDN], it can be observed that its last 5-days Average volume of 0.51 million was better the volume of 0.44 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 58.31% While, its Average True Range was 4.38.

Raw Stochastic average of Churchill Downs, Inc (CHDN) in the period of the previous 100 days is set at 87.19%, which indicates a major rise in contrast to 86.28% 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 40.66% that was higher than 24.72% volatility it exhibited in the past 100-days period.