Morning Technical Insight on These Resorts & Casinos Stocks -- Melco Resorts & Entertainment, Caesars Entertainment, Bluegreen Vacations, and Boyd Gaming
NEW YORK, Dec. 07, 2017 /PRNewswire/ --In keeping with the commitment to dynamically provide members with timely information, WallStEquities.com has issued free tailored Stock Review on MLCO, CZR, BXG, and BYD which is a click away at www.wallstequities.com/registration Companies in the Hotel and Gaming industry may be divided into two categories: those that operate strictly in the hospitality market, and those that run resorts and/or gaming businesses. Ahead of today's trading session, WallStEquities.com observes the performance of the following stocks in the Resorts and Casinos space: Melco Resorts & Entertainment Ltd (NASDAQ: MLCO), Caesars Entertainment Corp. (NASDAQ: CZR), Bluegreen Vacations Corp. (NYSE: BXG), and Boyd Gaming Corp. (NYSE: BYD). In its free research reports, Wall St. Equities offers timely insights on these equities at:
www.wallstequities.com/registration
Melco Resorts & Entertainment
Central, Hong Kong-based Melco Resorts & Entertainment Ltd's shares saw a correction of 1.76%, finishing Wednesday's trading session at $25.12. A total volume of 2.98 million shares was traded, which was higher than their three months average volume of 2.72 million shares. In the previous three months and since the start of this year, the stock has advanced 9.50% and 70.69%, respectively. The Company's shares are trading above their 50-day and 200-day moving averages by 1.67% and 14.95%, respectively. Moreover, shares of the Company, which through its subsidiaries, develops, owns, and operates casino gaming and entertainment casino resort facilities in Asia, have a Relative Strength Index (RSI) of 46.21.
On December 04th, 2017, Melco announced that the Michelin guide, long regarded as the world's foremost authority on culinary merit, awarded seven stars to five of its signature restaurants in Macau. For the second consecutive year, the Company holds the distinction of having more Michelin-starred dining establishments than any other operators in all of Macau. Today's daily Complimentary report on MLCO is accessible at:
www.wallstequities.com/registration/?symbol=MLCO
Caesars Entertainment
On Wednesday, shares in Las Vegas, Nevada-based Caesars Entertainment Corp. recorded a trading volume of 11.03 million shares, which was above their three months average volume of 9.07 million shares. The stock ended the session 1.19% lower at $12.50. The Company's shares have gained 7.30% over the previous three months and 47.06% on an YTD basis. The stock is trading 7.92% above its 200-day moving average. Furthermore, shares of Caesars Entertainment, which through its subsidiaries, provides casino-entertainment and hospitality services in the US and internationally, have an RSI of 42.31.
On November 30th, 2017, Caesars Entertainment, in collaboration with Clean the World, the largest global recycler of hotel amenities, and The Service Companies, the premier one-stop-shop for services to the Gaming and Hospitality industry, announced the successful distribution of soap to hundreds of families in Guadalajara, Mexico, which took place earlier in November. The soap was hand-delivered to young children and their families by Caesars employees and The Service Companies' team members, who were awarded the trip after being nominated by colleagues to participate. To experience our free membership services anytime/ anywhere and access the free report on CZR, click to register at:
www.wallstequities.com/registration/?symbol=CZR
Bluegreen Vacations
Shares in Boca Raton, Florida-based Bluegreen Vacations Corp. closed at $16.29, rising 1.69% from the last trading session. The stock recorded a trading volume of 125,126 shares. The Company's shares have gained 25.31% since the start of this year. Additionally, shares of Bluegreen Vacations, which operates as a sales, marketing, and management company focusing on the vacation ownership industry in the US, are trading 9.65% above its 50-day moving average.
On November 17th, 2017, Bluegreen Vacations announced that its Common Stock commenced trading on the NYSE under the ticker symbol "BXG." Join our big investor community at Wall St. Equities today and start so with your free report on BXG at:
www.wallstequities.com/registration/?symbol=BXG
Boyd Gaming
Las Vegas, Nevada headquartered Boyd Gaming Corp.'s stock ended 1.31% lower at $31.65 with a total trading volume of 891,951 shares. The Company's shares have advanced 7.84% in the last one month, 18.23% over the previous three months, and 56.92% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 10.25% and 25.32%, respectively. Furthermore, shares of Boyd Gaming, which together with its subsidiaries, operates as a multi-jurisdictional gaming company, have an RSI of 68.72. Know more about BYD in our free research coverage at:
www.wallstequities.com/registration/?symbol=BYD
Wall St. Equities:
Wall St. Equities (WSE) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. WSE has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
WSE has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third-party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email [email protected]. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by WSE. WSE is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
NO WARRANTY
WSE, the Author, and the Reviewer are 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 whatsoever for any direct, indirect or consequential loss arising from the use of this document. WSE, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, WSE, the Author, and the Reviewer do 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.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither WSE nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit
https://wallstequities.com/legal-disclaimer/
CONTACT
For any questions, inquiries, or comments reach out to us directly. If you're a company, we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: [email protected]
Phone number: +21-32-044-483
Office Address: 1 Scotts Road #24-10, Shaw Center Singapore 228
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Wall St. Equities
Related Links
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article