Company Shares of Pinnacle Entertainment (NYSE:PNK) Drops by -1.08%

Pinnacle Entertainment (NYSE:PNK) : During the past 4 weeks, traders have been relatively bearish on Pinnacle Entertainment (NYSE:PNK), hence the stock is down -7.22% 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 -2.33% relative to the S&P 500. The 4-week change in the price of the stock is -5.73% and the stock has fallen -1.08% in the past 1 week.

The stock has recorded a 20-day Moving Average of 1.66% and the 50-Day Moving Average is 0.33%.


Pinnacle Entertainment (NYSE:PNK): On Fridays trading session , Opening price of the stock was $11.18 with an intraday high of $11.215. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $11.02. However, the stock managed to close at $11.03, a loss of 0.81% for the day. On the previous day, the stock had closed at $11.12. The total traded volume of the day was 772,002 shares.

In an insider trading activity, Sanfilippo Anthony Michael, CEO of Pinnacle Entertainment, Inc., executed a transaction worth $1,705,385 on June 13, 2016. A total of 153,500 shares were purchased at an average price of $11.11. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.

Pinnacle Entertainment, Inc. (Pinnacle) is an owner, operator and developer of casinos and related hospitality and entertainment facilities. The key properties in the Companys Midwest segment include Ameristar Council Bluffs, Ameristar East Chicago, Ameristar Kansas City, Ameristar St. Charles, Belterra, River City and Belterra Park. The key properties in the Companys South segment include Ameristar Vicksburg, Boomtown Bossier City, Boomtown New Orleans, LAuberge Baton Rouge and LAuberge Lake Charles. The key properties in the Companys West segment include Ameristar Black Hawk and Cactus Petes and Horseshu. The Company owns and operates around 15 gaming entertainment properties in Colorado, Indiana, Iowa, Louisiana, Mississippi, Missouri, Nevada, and Ohio. It also holds a majority interest in the racing license owner, as well as a management contract, for Retama Park Racetrack located outside of San Antonio, Texas.

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