Dave & Busters Entertainment (NASDAQ:PLAY) : Traders are bullish on Dave & Busters Entertainment (NASDAQ:PLAY) as it has outperformed the S&P 500 by a wide margin of 0.39% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.72%, 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 3.02% in the last 1 week, and is up 2.01% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have rallied 23.70% from its 1 Year high price. On Jun 14, 2016, the shares registered one year high at $48.79 and the one year low was seen on Feb 8, 2016. The 50-Day Moving Average price is $44.13 and the 200 Day Moving Average price is recorded at $39.47.
The stock has recorded a 20-day Moving Average of 2.35% and the 50-Day Moving Average is 12.64%.
Dave & Busters Entertainment (NASDAQ:PLAY): stock turned positive on Friday. Though the stock opened at $46.39, the bulls momentum made the stock top out at $48.46 level for the day. The stock recorded a low of $46.345 and closed the trading day at $47.7, in the green by 3.85%. The total traded volume for the day was 1,595,021. The stock had closed at $45.93 in the previous days trading.
In an insider trading activity, The Securities and Exchange Commission has divulged that Tobin Jay L, officer (SVP, Gen Counsel & Sec) of Dave & Busters Entertainment, Inc., had unloaded 10,000 shares at an average price of $47.22 in a transaction dated on July 8, 2016. The total value of the transaction was worth $472,200.