Technical Pointers on Casinos and Gaming Equities -- MGM Resorts Intl., Las Vegas Sands, Wynn Resorts, Caesars Entertainment, and 500.com
LONDON, February 18, 2015 /PRNewswire/ --
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Investor-Edge has initiated coverage on the following equities: MGM Resorts International (NYSE: MGM), Las Vegas Sands Corporation (NYSE: LVS), Wynn Resorts Ltd (NASDAQ: WYNN), Caesars Entertainment Corporation (NASDAQ: CZR), and 500.com Ltd (NYSE: WBAI). Free research report on MGM Resorts Intl. can be accessed at http://get.Investor-Edge.com/pdf/?c=MGM%20Resorts%20Intl.&d=18-Feb-2015&s=MGM. On Tuesday, February 17, 2015, the NASDAQ Composite ended at 4,899.27, up 0.11%, the Dow Jones Industrial Average advanced 0.16%, to finish the day at 18,047.58, and the S&P 500 closed at 2,100.34, up 0.16%. During the session, five out of ten sectors ended in positive. The S&P 500 Consumer Discretionary Sector Index ended the day at 592.46, down 0.17%, while the index has advanced 7.92% in the last three months. Register for your complimentary reports at the links given below.
On Tuesday, shares in MGM Resorts International fluctuated between $21.08 and $22.40 before ending the session 1.91% higher at $21.87. The stock reported a trading volume of 24.65 million shares, much above its three months average volume of 10.90 million shares. MGM Resorts International's shares have advanced 5.40% in the previous three trading sessions and 9.30% in the last one month. However, the stock has declined 15.95% in the last one year. The company is trading above its 50-day moving average of $20.45. Moreover, shares of MGM Resorts International have a Relative Strength Index (RSI) of 59.33. Sign up and read the free notes on MGM at:
http://get.Investor-Edge.com/pdf/?c=MGM%20Resorts%20Intl.&d=18-Feb-2015&s=MGM
Las Vegas Sands Corp.'s stock closed the day flat at $60.43. The stock recorded a trading volume of 7.73 million shares, above its three months average volume of 5.90 million shares. The stock oscillated between $59.72 and $61.59 during the session. Over the last three trading sessions and over the past one month, Las Vegas Sands Corp.'s shares have gained 6.45% and 10.09%, respectively. However, the stock has lost 24.60% in the previous one year. The company is trading above its 50-day moving average of $56.07, while the 50-day moving average is below Las Vegas Sands Corp.'s 200-day moving average of $65.44. Additionally, the stock traded at a PE ratio of 17.03 and has an RSI of 63.50. The complimentary notes on LVS can be downloaded as in PDF format at:
http://get.Investor-Edge.com/pdf/?c=Las%20Vegas%20Sands&d=18-Feb-2015&s=LVS
On Tuesday, shares in Wynn Resorts Ltd recorded a trading volume of 1.80 million shares, lower than its three months average volume of 1.83 million shares. The stock ended the day at $157.00, which was 1.47% below its previous day's closing of $159.34, and registered an intraday range of $154.82 and $159.21. Shares of the company traded at a PE ratio of 21.31. Wynn Resorts Ltd's shares have advanced 3.81% in the previous three trading sessions and 6.81% in the last one month. However, the stock has declined 28.99% in the past one year. The company is trading above its 50-day moving average of $149.98. Furthermore, shares of Wynn Resorts Ltd have an RSI of 59.50. Register for free on Investor-Edge and access the latest research on WYNN at:
http://get.Investor-Edge.com/pdf/?c=Wynn%20Resorts&d=18-Feb-2015&s=WYNN
Caesars Entertainment Corp.'s stock edged 0.05% higher, to close Tuesday's session at $10.79, after oscillating between $10.68 and $10.99. The stock recorded a trading volume of 0.43 million shares, below its three months average volume of 1.28 million shares. Over the last one month and the previous year, Caesars Entertainment Corp.'s shares have declined 8.79% and 52.63%, respectively. However, the stock has gained 2.47% in the last three trading sessions. The company is trading below its 50-day and 200-day moving averages. The stock's 200-day moving average of $14.65 is above its 50-day moving average of $13.06. Further, Caesars Entertainment Corp.'s stock has an RSI of 36.63. The complete research on CZR is available for free at:
http://get.Investor-Edge.com/pdf/?c=Caesars%20Entertainment&d=18-Feb-2015&s=CZR
500.com Ltd's stock finished Tuesday's session 0.98% higher at $17.53. A total of 0.59 million shares were traded, which was below its three months average volume of 0.71 million shares. The stock moved between $17.25 and $17.61 during the session. 500.com Ltd's shares have fallen by 2.67% in the previous three trading sessions and 3.26% in the last one month. Additionally, the stock has declined 57.94% in the past one year. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $29.28 is greater than its 50-day moving average of $18.46. 500.com Ltd's stock traded at a PE ratio of 27.39 and has an RSI of 45.09. Free in depth research on WBAI is available at:
http://get.Investor-Edge.com/pdf/?c=500.com&d=18-Feb-2015&s=WBAI
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