Penn National Gaming (PENN) Shares are Up 2.03%

Penn National Gaming (PENN) has been under a strong bear grip, hence the stock is down -3.38% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 1.86% in the past 1 week. The stock has risen by 2.03% in the past week indicating that the buyers are active at lower levels, but the stock is down -3.9% in the past 4 weeks.

The stock has recorded a 20-day Moving Average of 0.43% and the 50-Day Moving Average is 4.06%.The 200 Day SMA reached 8.09%

Penn

Penn National Gaming (NASDAQ:PENN): The stock opened in the green at $13.64 on Friday, but the bulls found it difficult to push the prices higher. The stock reached a high of $13.68 and a low of $13.49 for the day. The stock did not find buyers even at the lows and closed at $13.57 recording a loss of -0.44%. 1,560,059 shares exchanged hands during the trading day. The stock had closed at $13.57 in the previous days trading.

Penn National Gaming (PENN) : The highest level Penn National Gaming (PENN) is projected to reach is $23 for the short term and the lowest estimate is at $15. The consolidated price target from 7 rating analysts who initiate coverage on the stock is $19.43 and the possibility the share price can swing is $2.64.

Penn National Gaming, Inc. is an owner and manager of gaming and pari-mutuel properties. The Companys segments include the East/Midwest segment, the West segment and the Southern Plains segment. The East/Midwest segment properties include Hollywood Casino at Charles Town Races, Hollywood Casino at Penn National Race Course, Hollywood Casino Lawrenceburg, Hollywood Casino Toledo, Hollywood Casino Columbus, Hollywood Gaming at Dayton Raceway, Hollywood Gaming at Mahoning Valley Race Course, Hollywood Casino Bangor and Casino Rama. The West segment properties include Zia Park Casino and the M Resort. The Southern Plains segment properties include Hollywood Casino Aurora, Hollywood Casino Joliet, Argosy Casino Alton, Hollywood Casino Gulf Coast, Argosy Casino Riverside, Hollywood Casino Tunica, Boomtown Biloxi, Hollywood Casino at Kansas Speedway and Hollywood Casino St. Louis. Tropicana Las Vegas Hotel and Casino, Inc. is a subsidiary of the Company.

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