Caesars Entertainment Corporation (NASDAQ:CZR) : During the past 4 weeks, traders have been relatively bearish on Caesars Entertainment Corporation (NASDAQ:CZR), hence the stock is down -18.98% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -3.1% relative to the S&P 500. The 4-week change in the price of the stock is -17.67% and the stock has fallen -1.86% in the past 1 week.
The company shares have rallied 0.88% from its 1 Year high price. On Aug 27, 2015, the shares registered one year high at $10.61 and the one year low was seen on Jul 22, 2015. The 50-Day Moving Average price is $7.77 and the 200 Day Moving Average price is recorded at $7.25.
The stock has recorded a 20-day Moving Average of 13.74% and the 50-Day Moving Average is 9.01%.
Caesars Entertainment Corporation (NASDAQ:CZR): stock turned positive on Friday. Though the stock opened at $6.81, the bulls momentum made the stock top out at $7 level for the day. The stock recorded a low of $6.7947 and closed the trading day at $6.85, in the green by 1.18%. The total traded volume for the day was 706,385. The stock had closed at $6.77 in the previous days trading.
In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director officer (Chief Exec Officer Designate) of Caesars Entertainment Corp, Frissora Mark P, had purchased 101,900 shares in a transaction dated on May 21, 2015. The transaction was executed at $10.04 per share with total amount equaling $1,023,076.
Caesars Entertainment Corporation (Caesars) is a holding and casino-entertainment and hospitality services company. The Companys facilities include gaming offerings, food and beverage outlets, hotel and convention space, and non-gaming entertainment options. Its business operations include Caesars Entertainment Resort Properties; Caesars Growth Partners Casino Properties and Developments; Caesars Interactive Entertainment and Caesars Entertainment Operating Company. In addition to brick and mortar assets, it operates an online gaming business that provides social and mobile offerings. Its subsidiaries include Caesars Entertainment Resort Properties, LLC, Caesars Growth Partners, LLC, Caesars Entertainment Operating Company, Inc. and Caesars Enterprise Services, LLC. It operates under the Harrahs, Caesars and Horseshoe brand names. Through its consolidated entities it owned and operated or managed over 49 casinos in approximately 14 states of the United States and over five countries.