Pinnacle Entertainment (PNK) : During the past 4 weeks, traders have been relatively bearish on Pinnacle Entertainment (PNK), hence the stock is down -0.01% 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 -3.46% relative to the S&P 500. The 4-week change in the price of the stock is -2.04% and the stock has fallen -2.94% in the past 1 week.
The stock has recorded a 20-day Moving Average of 2.89% and the 50-Day Moving Average is 2.01%.The 200 Day SMA reached 3.52% Pinnacle Entertainment, Inc is up 0.79% in the last 3-month period. Year-to-Date the stock performance stands at 10%.
Pinnacle Entertainment (PNK) : 3 Wall Street analysts covering Pinnacle Entertainment (PNK) believe that the average level the stock could reach for the short term is $15.33. The maximum price target given is $19 and the minimum target for short term is around $12, hence the standard deviation is calculated at $3.51.
For the current week, the company shares have a recommendation consensus of Buy. Pinnacle Entertainment (NYSE:PNK): The stock opened at $11.45 and touched an intraday high of $11.82 on Friday. During the day, the stock corrected to an intraday low of $11.29, however, the bulls stepped in and pushed the price higher to close in the green at $11.55 with a gain of 1.40% for the day. The total traded volume for the day was 1,039,159. The stock had closed at $11.55 in the previous trading session.
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.