Boyd Gaming Corporation (BYD) : Traders are bullish on Boyd Gaming Corporation (BYD) as it has outperformed the S&P 500 by a wide margin of 2.28% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 5.65%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 5.71% in the last 1 week, and is up 3.34% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 3.55% and the 50-Day Moving Average is 4.91%. Boyd Gaming Corporation (NYSE:BYD): On Fridays trading session , Opening price of the stock was $20 with an intraday high of $20.09. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $19.72. However, the stock managed to close at $19.82, a loss of 0.90% for the day. On the previous day, the stock had closed at $20. The total traded volume of the day was 890,971 shares.
The company Insiders own 29.67% of Boyd Gaming Corporation shares according to the proxy statements. Institutional Investors own 74.48% of Boyd Gaming Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -66.15%.
Boyd Gaming Corporation is a multi-jurisdictional gaming company. The Company operates 22 properties in Nevada, Illinois, Indiana, Iowa, Kansas, Louisiana, Mississippi and New Jersey. The Company owns and manages 1,268,345 square feet of casino space, containing 30,392 slot machines, 777 table games and 11,391 hotel rooms. The Company operates in five segments: Las Vegas Locals; Downtown Las Vegas; Midwest and South; Peninsula, and Borgata.