Large Inflow of Money Detected in Caesars Entertainment Corporation

Caesars Entertainment Corporation (CZR) : Thursdays money flow indicated an uptick to downtick ratio was at 5.07. The total value of inflow transactions on upticks was $2.22 million, whereas, the total value of outflow trades on downticks was $0.44 million. The total money flow was $1.78 million, which shows a mild bullish bias. The total money flow into the stock in block trades was $1.87 million. The total value of the trades done on upticks was $1.87 million. Caesars Entertainment Corporation (CZR) was trading with a -0.57% change over previous days close. It fell $0.04 during the day and reached $6.92. The stock was 1.02% compared to the previous weeks close.


The stock has recorded a 20-day Moving Average of 9.92% and the 50-Day Moving Average is 7.73%. Shares have rallied 1.31% from its 1 Year high price. On Aug 27, 2015, the shares registered one year high at $10.61 and the one year low was seen on Jul 22, 2015. The 50-Day Moving Average price is $7.78 and the 200 Day Moving Average price is recorded at $7.22.

Caesars Entertainment Corporation (NASDAQ:CZR): The stock opened at $7.08 on Thursday but the bulls could not build on the opening and the stock topped out at $7.08 for the day. The stock traded down to $6.76 during the day, due to lack of any buying support eventually closed down at $6.94 with a loss of -0.29% for the day. The stock had closed at $6.96 on the previous day. The total traded volume was 917,621 shares.

In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director officer (Chief Exec Officer Designate) of Caesars Entertainment Corp, Frissora Mark P, had purchased 101,900 shares in a transaction dated on May 21, 2015. The transaction was executed at $10.04 per share with total amount equaling $1,023,076.

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.

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