Boyd Gaming Corporation (BYD) has risen sharply, recording gains of 3.61% in the past 4 weeks. However, the stock has corrected -1.36% in the past 1 week, providing a good buying opportunity on dips. Boyd Gaming Corporation (BYD) : During the past 4 weeks, traders have been relatively bearish on Boyd Gaming Corporation (BYD), hence the stock is down -2.94% 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 -1.96% relative to the S&P 500.
Boyd Gaming Corporation (NYSE:BYD): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $18.68 and $18.57 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $18.93. The buying momentum continued till the end and the stock did not give up its gains. It closed at $18.92, notching a gain of 0.32% for the day. The total traded volume was 1,250,000 . The stock had closed at $18.86 on the previous day.
The stock has recorded a 20-day Moving Average of 1.63% and the 50-Day Moving Average is 0.86%. Boyd Gaming Corporation has dropped 5.54% during the last 3-month period . Year-to-Date the stock performance stands at -4.78%.
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.