Penn National Gaming (NASDAQ:PENN) : During the past 4 weeks, traders have been relatively bearish on Penn National Gaming (NASDAQ:PENN), hence the stock is down -8.06% 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 -2.89% relative to the S&P 500. The 4-week change in the price of the stock is -6.58% and the stock has fallen -1.64% in the past 1 week.
The company shares have dropped -27.14% from its 1 Year high price. On Jul 23, 2015, the shares registered one year high at $20.23 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $14.60 and the 200 Day Moving Average price is recorded at $15.02.
The stock has recorded a 20-day Moving Average of 3.46% and the 50-Day Moving Average is 8.38%.
Penn National Gaming (NASDAQ:PENN): stock turned positive on Friday. Though the stock opened at $13.82, the bulls momentum made the stock top out at $13.9 level for the day. The stock recorded a low of $13.76 and closed the trading day at $13.77, in the green by 0.36%. The total traded volume for the day was 998,226. The stock had closed at $13.72 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 of Penn National Gaming Inc, Naples Ronald J, had purchased 1,000 shares in a transaction dated on May 24, 2016. The transaction was executed at $14.68 per share with total amount equaling $14,680.
Penn National Gaming, Inc. is an owner and manager of gaming and pari-mutuel properties. The Companys segments include the East/Midwest segment, the West segment and the Southern Plains segment. The East/Midwest segment properties include Hollywood Casino at Charles Town Races, Hollywood Casino at Penn National Race Course, Hollywood Casino Lawrenceburg, Hollywood Casino Toledo, Hollywood Casino Columbus, Hollywood Gaming at Dayton Raceway, Hollywood Gaming at Mahoning Valley Race Course, Hollywood Casino Bangor and Casino Rama. The West segment properties include Zia Park Casino and the M Resort. The Southern Plains segment properties include Hollywood Casino Aurora, Hollywood Casino Joliet, Argosy Casino Alton, Hollywood Casino Gulf Coast, Argosy Casino Riverside, Hollywood Casino Tunica, Boomtown Biloxi, Hollywood Casino at Kansas Speedway and Hollywood Casino St. Louis. Tropicana Las Vegas Hotel and Casino, Inc. is a subsidiary of the Company.