PENN Entertainment Inc (NASDAQ: PENN) kicked off on Monday, down -4.62% from the previous trading day, before settling in for the closing price of $20.79. Over the past 52 weeks, PENN has traded in a range of $13.50-$27.20.
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It was noted that within the last five years, the titan of the Consumer Cyclical sector saw sales topped by 17.61%. While this was happening, its average annual earnings per share was recorded 54.11%. With a float of $150.90 million, this company’s outstanding shares have now reached $152.16 million.
The extent of productivity of a business whose workforce counts for 23333 workers is very important to gauge. In terms of profitability, gross margin is 29.34%, operating margin of -0.76%, and the pretax margin is -9.52%.
PENN Entertainment Inc (PENN) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Resorts & Casinos Industry. The insider ownership of PENN Entertainment Inc is 1.13%, while institutional ownership is 99.32%. The most recent insider transaction that took place on Sep 10 ’24, was worth 175,100. In this transaction Director of this company bought 10,000 shares at a rate of $17.51, taking the stock ownership to the 293,450 shares. Before that another transaction happened on Sep 06 ’24, when Company’s Director bought 15,000 for $18.40, making the entire transaction worth $276,000. This insider now owns 31,523 shares in total.
PENN Entertainment Inc (PENN) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 54.11% per share during the next fiscal year.
PENN Entertainment Inc (NASDAQ: PENN) Trading Performance Indicators
Take a look at PENN Entertainment Inc’s (PENN) current performance indicators. Last quarter, stock had a quick ratio of 0.94. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.50.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.54, a number that is poised to hit -0.29 in the next quarter and is forecasted to reach 0.68 in one year’s time.
Technical Analysis of PENN Entertainment Inc (PENN)
The latest stats from [PENN Entertainment Inc, PENN] show that its last 5-days average volume of 4.8 million was inferior to 4.88 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 40.25%. Additionally, its Average True Range was 0.97.
During the past 100 days, PENN Entertainment Inc’s (PENN) raw stochastic average was set at 58.01%, which indicates a significant increase from 28.61% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 50.97% in the past 14 days, which was higher than the 46.52% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $19.94, while its 200-day Moving Average is $18.51. Now, the first resistance to watch is $20.62. This is followed by the second major resistance level at $21.40. The third major resistance level sits at $21.85. If the price goes on to break the first support level at $19.39, it is likely to go to the next support level at $18.94. Assuming the price breaks the second support level, the third support level stands at $18.16.
PENN Entertainment Inc (NASDAQ: PENN) Key Stats
The company with the Market Capitalisation of 3.14 billion has total of 152,629K Shares Outstanding. Its annual sales at the moment are 6,363 M in contrast with the sum of -490,000 K annual income. Company’s last quarter sales were recorded 1,639 M and last quarter income was -36,700 K.
