Eldorado Resorts (ERI) Shares are Down -4.09%

Eldorado Resorts (ERI) : During the past 4 weeks, traders have been relatively bearish on Eldorado Resorts (ERI), hence the stock is down -0.24% 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 -4.25% relative to the S&P 500. The 4-week change in the price of the stock is -0.78% and the stock has fallen -4.09% in the past 1 week.

The stock has recorded a 20-day Moving Average of 1.24% and the 50-Day Moving Average is 1.18%.The 200 Day SMA reached 10.63%


Eldorado Resorts (NASDAQ:ERI): The stock opened in the green at $14.19 on Friday, but the bulls found it difficult to push the prices higher. The stock reached a high of $14.47 and a low of $13.95 for the day. The stock did not find buyers even at the lows and closed at $14.06 recording a loss of -1.06%. 765,361 shares exchanged hands during the trading day. The stock had closed at $14.06 in the previous days trading.

Eldorado Resorts (ERI) : 2 Wall Street analysts covering Eldorado Resorts (ERI) believe that the average level the stock could reach for the short term is $18. The maximum price target given is $19 and the minimum target for short term is around $17, hence the standard deviation is calculated at $1.41.

Eldorado Resorts, Inc. (ERI) is a casino entertainment company. The Companys principal operating activities include owning and operating gaming facilities in three geographic regions: Reno, Shreveport and the eastern states. The Company operates through three business segments: Eldorado Shreveport, Eldorado Reno and MTR Gaming. The Company conducts its operations through its subsidiaries, MTR Gaming Group, Inc. (MTR Gaming), Eldorado Holdco LLC (HoldCo) and Eldorado Resorts LLC (Resorts). Its property portfolio includes approximately seven facilities in over five markets with a total of approximately 10,230 slot machines and video lottery terminals (VLTs), approximately 300 table games, approximately 4,850 hotel rooms, approximately 35 dining, bar and entertainment options, and over three pari-mutuel racing facilities. The Company owns and operates approximately seven properties in approximately five states.

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