Technical Coverage on Casinos and Gaming Stocks - Melco Crown Entertainment, Boyd Gaming, Penn National Gaming, Scientific Games, and Pinnacle Entertainment
LONDON, February 19, 2015 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Investor-Edge has initiated coverage on the following equities: Melco Crown Entertainment Ltd (NASDAQ: MPEL), Boyd Gaming Corporation (NYSE: BYD), Penn National Gaming Inc. (NASDAQ: PENN), Scientific Games Corporation (NASDAQ: SGMS), and Pinnacle Entertainment Inc. (NYSE: PNK). Free research report on Melco Crown Entertainment can be accessed at http://get.Investor-Edge.com/pdf/?c=Melco%20Crown%20Entertainment&d=19-Feb-2015&s=MPEL. On Wednesday, February 18, 2015, the NASDAQ Composite ended at 4,906.36, up 0.14%, the Dow Jones Industrial Average lost 0.10% to finish the day at 18,029.85, and the S&P 500 closed at 2,099.68, down 0.03%. The gains were broad based as six out of ten sectors ended the session in positive. The S&P 500 Consumer Discretionary Sector Index ended the day at 591.78, down 0.11%, while the index has advanced 7.76% in the previous three months. Register for your complimentary reports at the links given below.
Melco Crown Entertainment Ltd's stock finished Wednesday's session 1.01% higher at $27.98. A total of 2.22 million shares were traded, which was below its three months average volume of 3.82 million shares. The stock moved between $27.30 and $28.04 during the session. Over the last one month and the previous three months, Melco Crown Entertainment Ltd's shares have surged 24.33% and 9.34%, respectively. However, the stock has declined 34.25% in the past one year. The company's shares are trading above their 50-day moving average. Moreover, the stock's 200-day moving average of $28.34 is greater than its 50-day moving average of $24.33. Melco Crown Entertainment Ltd's stock traded at a PE ratio of 27.79 and has a Relative Strength Index (RSI) of 68.41. Sign up and read the free notes on MPEL at:
http://get.Investor-Edge.com/pdf/?c=Melco%20Crown%20Entertainment&d=19-Feb-2015&s=MPEL
On Wednesday, shares in Boyd Gaming Corp. fluctuated between $14.36 and $14.70 before ending the session 1.46% higher at $14.62. The stock reported a trading volume of 1.43 million shares, close to its three months average volume of 1.44 million shares. Boyd Gaming Corp.'s shares have surged 10.42% in the last one month, 24.53% in the previous three months and 38.05% in the last one year. The company is trading above its 50-day and 200-day moving averages of $12.77 and $11.44, respectively. Moreover, shares of Boyd Gaming Corp. have an RSI of 65.61. The complimentary notes on BYD can be downloaded as in PDF format at:
http://get.Investor-Edge.com/pdf/?c=Boyd%20Gaming&d=19-Feb-2015&s=BYD
Penn National Gaming Inc.'s stock edged 0.99% higher to close the day at $16.78. The stock recorded a trading volume of 1.35 million shares, close to its three months average volume of 1.34 million shares. The stock oscillated between $16.51 and $16.87 during the session. Over the last one month and over the past three months, Penn National Gaming Inc.'s shares have gained 11.09% and 18.13%, respectively. Further, the stock has advanced 44.49% in the previous year. The company is trading above its 50-day and 200-day moving averages. The stock's 50-day moving average of $14.54 is above its 200-day moving average of $12.50. Additionally, Penn National Gaming Inc. has an RSI of 67.18. Register for free on Investor-Edge and access the latest research on PENN at:
http://get.Investor-Edge.com/pdf/?c=Penn%20National%20Gaming&d=19-Feb-2015&s=PENN
On Wednesday, shares in Scientific Games Corp. recorded a trading volume of 0.44 million shares, lower than its three months average volume of 0.94 million shares. The stock ended the day at $13.99, which was 0.58% above its previous day's closing of $13.91, and registered an intraday range of $13.73 and $14.07. Scientific Games Corp.'s shares have surged 15.81% in the last one month, 10.77% in the previous three months and 5.82% in the past one year. The company is trading above its 50-day and 200-day moving averages of $12.86 and $11.16, respectively. Furthermore, shares of Scientific Games Corp. have an RSI of 59.97. The complete research on SGMS is available for free at:
http://get.Investor-Edge.com/pdf/?c=Scientific%20Games&d=19-Feb-2015&s=SGMS
Pinnacle Entertainment Inc.'s stock edged 0.86% higher to close Wednesday's session at $25.95, after oscillating between $25.65 and $26.05. The stock recorded a trading volume of 0.64 million shares, below its three months average volume of 0.91 million shares. Over the last one month and the previous three months, Pinnacle Entertainment Inc.'s shares have advanced 15.33% and 13.12%, respectively. Additionally, the stock has gained 11.81% in the last one year. The company is trading above its 50-day and 200-day moving averages. The stock's 200-day moving average of $23.75 is above its 50-day moving average of $22.17. Further, Pinnacle Entertainment Inc.'s stock traded at a PE ratio of 23.43 and has an RSI of 73.25. Free in depth research on PNK is available at:
http://get.Investor-Edge.com/pdf/?c=Pinnacle%20Entertainment&d=19-Feb-2015&s=PNK
About Investor-Edge.com
At Investor-Edge, we provide our members with a simple and reliable way to leverage our economy of scale. Most investors do not have time to track all publicly traded companies, much less perform an in-depth review and analysis of the complexities contained in each situation. That's where Investor-Edge comes in. We provide a single unified platform for investors' to hear about what matters. Situation alerts, moving events, and upcoming opportunities.
===============
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] www.investor-edge.com.
5. For any urgent concerns or inquiries, please contact us at compliance [at] 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] 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.
SOURCE Investor-Edge
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article