Hotels, Restaurants and Leisure Stocks in Motion -- Research on Wynn Resorts, Boyd Gaming, Penn National Gaming, and Pinnacle Entertainment
Editor Note: For more information about this release, please scroll to bottom.
LONDON, May 13, 2014 /PRNewswire/ --
The trading session on Monday, May 12, 2014 ended on a higher note as the Dow Jones Industrial Average finished at 16,695.47, up 0.68% and the NASDAQ Composite closed at 4,143.86, up 1.77%. The S&P 500 finished the day 0.97% higher at 1,896.65. The gains were broad based as eight out of ten sectors finished on a higher note. The S&P 500 Consumer Discretionary Sector Index ended the day 1.26% higher at 512.36, and the index has gained 3.81% in the previous one month. Investor-Edge has initiated coverage on the following equities: Wynn Resorts Ltd (NASDAQ: WYNN), Boyd Gaming Corp. (NYSE: BYD), Penn National Gaming Inc. (NASDAQ: PENN) and Pinnacle Entertainment Inc. (NYSE: PNK). Free technical research on WYNN, BYD, PENN and PNK can be downloaded upon signing up at:
http://www.investor-edge.com/2451-register
Shares in Wynn Resorts Ltd finished Monday's session 1.59% higher at $203.68. A total of 1.75 million shares were traded, close to its three months average volume of 1.85 million shares. The stock moved between $200.80 and $207.24 during the session. Wynn Resorts Ltd's shares have declined 0.61% in the previous three trading sessions and 3.62% in the last one month. However, the shares have gained 4.88% from the beginning of 2014. The company's stock is trading below its 50-day moving average. The stock's 50-day moving average of $220.03 is above its 200-day moving average of $183.77. Moreover, Wynn Resorts Ltd's stock traded at a PE ratio of 25.96 and has a Relative Strength Index (RSI) of 43.82. Sign up today to read free research on WYNN at:
http://www.investor-edge.com/2451-WYNN-13May2014.pdf
Boyd Gaming Corp.'s stock gained 1.31% on Monday, closing the day at $10.85. The stock recorded a trading volume of 1.37 million shares, which was below its three months average volume of 2.83 million shares. The stock oscillated between $10.69 and $11.14 during the session. However, Boyd Gaming Corp.'s shares have fallen by 0.37% in the previous three trading sessions, 10.48% in the last one month and 3.64% since the start of this year. The company's shares are trading below their 50-day and 200-day moving averages of $12.44 and $11.92, respectively. Moreover, the company's stock has an RSI of 31.97. Sign up today to read free research on BYD at:
http://www.investor-edge.com/2451-BYD-13May2014.pdf
On Monday, shares in Penn National Gaming Inc. fluctuated between $11.14 and $11.59 before ending the session 0.62% higher at $11.29. The company's stock reported a trading volume of 1.14 million shares, which was close to its three months average volume of 1.58 million shares. Shares of the company traded at a PE ratio of 9.98. Shares in Penn National Gaming Inc. have gained 4.54% over the previous three trading sessions. However, in the last one month and on YTD basis, the company's stock has lost 10.54% and 21.21%, respectively. Penn National Gaming Inc.'s stock is trading below its 50-day and 200-day moving averages of $12.20 and $12.68, respectively. Further, the company's shares have an RSI of 41.97. Sign up today to read free research on PENN at:
http://www.investor-edge.com/2451-PENN-13May2014.pdf
Shares in Pinnacle Entertainment Inc. recorded a trading volume of 1.04 million shares, close to its three months average volume of 1.16 million shares. On Monday, the stock finished the day at $22.46, which was 2.14% higher from its previous day's closing of $21.99, and registered an intraday range of $22.00 and $22.50. Shares of the company traded at a PE ratio of 31.10. Shares in Pinnacle Entertainment Inc. have gained 0.49% in the previous three trading sessions and 3.50% in the last one month, while they have fallen by 13.58% on YTD basis. The company's stock is trading below its 50-day and 200-day moving averages of $23.31 and $23.59, respectively. Furthermore, the company's stock has an RSI of 41.82. Sign up today to read free research on PNK at:
http://www.investor-edge.com/2451-PNK-13May2014.pdf
===============
EDITOR'S NOTES:
===============
1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
2. Information in this release is produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] http://www.investor-edge.com.
5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.investor-edge.com.
6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.investor-edge.com for consideration.
COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Investor-Edge, represented by Rohit Tuli, CFA. An outsourced research services provider has only reviewed the information provided by Investor-Edge in this article or report according to the procedures outlined by Investor-Edge. Investor-Edge is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
NOT FINANCIAL ADVICE
Investor-Edge makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Investor-Edge is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Investor-Edge whatsoever for any direct, indirect or consequential loss arising from the use of this document. Investor-Edge expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Investor-Edge does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
http://www.Investor-Edge.comSOURCE Investor-Edge
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article