Caesars Entertainment Corporation (CZR) : Traders are bullish on Caesars Entertainment Corporation (CZR) as it has outperformed the S&P 500 by a wide margin of 10.02% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 3.94%, 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 3.9% in the last 1 week, and is up 10.44% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
Caesars Entertainment Corporation is up 12.7% in the last 3-month period. Year-to-Date the stock performance stands at -2.15%. The stock has recorded a 20-day Moving Average of 4.96% and the 50-Day Moving Average is 2.84%.
Caesars Entertainment Corporation (NASDAQ:CZR): The stock opened at $7.72 on Friday but the bulls could not build on the opening and the stock topped out at $7.81 for the day. The stock traded down to $7.57 during the day, due to lack of any buying support eventually closed down at $7.72 with a loss of -0.39% for the day. The stock had closed at $7.75 on the previous day. The total traded volume was 845,118 shares.
Caesars Entertainment Corporation (Caesars) is a holding and casino-entertainment and hospitality services company. The Companys facilities include gaming offerings, food and beverage outlets, hotel and convention space, and non-gaming entertainment options. Its business operations include Caesars Entertainment Resort Properties; Caesars Growth Partners Casino Properties and Developments; Caesars Interactive Entertainment and Caesars Entertainment Operating Company. In addition to brick and mortar assets, it operates an online gaming business that provides social and mobile offerings. Its subsidiaries include Caesars Entertainment Resort Properties, LLC, Caesars Growth Partners, LLC, Caesars Entertainment Operating Company, Inc. and Caesars Enterprise Services, LLC. It operates under the Harrahs, Caesars and Horseshoe brand names. Through its consolidated entities it owned and operated or managed over 49 casinos in approximately 14 states of the United States and over five countries.