Shares of Monarch Casino & Resort (MCRI) Sees Large Inflow of Net Money Flow

Monarch Casino & Resort (MCRI) : Monarch Casino & Resort (MCRI) had a healthy money flow of $2.14 million into the stock during the Mondays trading session. The value of bullish trades on upticks was $2.28 million, whereas, investors only sold shares worth $0.14 million on downticks. The stock closed the day with an up-down ratio of 16.48.The money flow in the block trades to the tune of $2.11 million shows that the bulls were dominant, the large players used the weakness in the stock to accumulate it for the long-term. $2.11 million worth of transactions were on upticks. Monarch Casino & Resort (MCRI) stock slid $0.04 intraday and traded at 23.32, a change of -0.17% over previous days close. However, for the week, the company shares are 7.81% compared to previous weeks close.


Monarch Casino & Resort Inc. is up 15.9% in the last 3-month period. Year-to-Date the stock performance stands at 3.65%. Shares of Monarch Casino & Resort Inc. rose by 5.89% in the last five trading days and 3.79% for the last 4 weeks. In a related news, The officer (Chief Financial Officer), of Monarch Casino & Resort Inc, Rowan Ronald had unloaded 6,575 shares at $19.78 per share in a transaction on June 12, 2015. The total value of transaction was $130,054. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

Monarch Casino & Resort (NASDAQ:MCRI): stock turned positive on Monday. Though the stock opened at $23.32, the bulls momentum made the stock top out at $24.019 level for the day. The stock recorded a low of $23.15 and closed the trading day at $23.55, in the green by 0.81%. The total traded volume for the day was 136,853. The stock had closed at $23.36 in the previous days trading.

Monarch Casino & Resort, Inc. (Monarch), through its wholly owned subsidiaries, owns and operates the Atlantis Casino Resort Spa (the Atlantis), a hotel/casino facility in Reno, Nevada (the Atlantis); the Monarch Casino Black Hawk in Black Hawk, Colorado (the Monarch Casino Black Hawk), and real estate proximate to the Atlantis and Monarch Casino Black Hawk. The Atlantis is located approximately three miles south of downtown in the area of Reno, Nevada. The Monarch Casino Black Hawk is located approximately 40 miles west of Denver, Colorado. The Companys wholly owned subsidiaries include Golden Road Motor Inn, Inc. (Golden Road), Monarch Growth Inc. (Monarch Growth), Monarch Black Hawk, Inc. (Monarch Black Hawk), High Desert Sunshine, Inc. (High Desert), Golden East, Inc. (Golden East) and Golden North, Inc.

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