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After finishing at $34.50 in the prior trading day, Golden Entertainment Inc (NASDAQ: GDEN) closed at $33.22, down -3.71%. In other words, the price has decreased by -$3.71 from its previous closing price. On the day, 0.63 million shares were traded. GDEN stock price reached its highest trading level at $34.17 during the session, while it also had its lowest trading level at $32.93.
Ratios:
Our goal is to gain a better understanding of GDEN by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.05 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 28.58. For the most recent quarter (mrq), Quick Ratio is recorded 2.30 and its Current Ratio is at 2.35. In the meantime, Its Debt-to-Equity ratio is 1.41 whereas as Long-Term Debt/Eq ratio is at 1.38.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Truist on March 15, 2024, initiated with a Buy rating and assigned the stock a target price of $45.
On January 09, 2023, Jefferies Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $60 to $43.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 21 ’23 when Protell Charles sold 8,910 shares for $39.83 per share. The transaction valued at 354,885 led to the insider holds 643,919 shares of the business.
Protell Charles sold 13,557 shares of GDEN for $561,531 on Dec 20 ’23. The President and CFO now owns 643,911 shares after completing the transaction at $41.42 per share. On Dec 19 ’23, another insider, Protell Charles, who serves as the President and CFO of the company, sold 12,285 shares for $40.09 each. As a result, the insider received 492,506 and left with 643,873 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GDEN now has a Market Capitalization of 961675840 and an Enterprise Value of 1553028736. As of this moment, Golden’s Price-to-Earnings (P/E) ratio for their current fiscal year is 4.01, and their Forward P/E ratio for the next fiscal year is 21.44. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.27. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.90 while its Price-to-Book (P/B) ratio in mrq is 1.77. Its current Enterprise Value per Revenue stands at 1.475 whereas that against EBITDA is 7.891.
Stock Price History:
Over the past 52 weeks, GDEN has reached a high of $45.19, while it has fallen to a 52-week low of $30.38. The 50-Day Moving Average of the stock is -5.57%, while the 200-Day Moving Average is calculated to be -9.50%.
Shares Statistics:
The stock has traded on average 147.71K shares per day over the past 3-months and 195940 shares per day over the last 10 days, according to various share statistics. A total of 28.67M shares are outstanding, with a floating share count of 21.87M. Insiders hold about 23.71% of the company’s shares, while institutions hold 70.21% stake in the company. Shares short for GDEN as of 1713139200 were 576886 with a Short Ratio of 3.91, compared to 1710460800 on 601364. Therefore, it implies a Short% of Shares Outstanding of 576886 and a Short% of Float of 3.1400003.
