Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
The price of PENN Entertainment Inc (NASDAQ: PENN) closed at $17.36 in the last session, up 0.17% from day before closing price of $17.33. In other words, the price has increased by $0.17 from its previous closing price. On the day, 3.14 million shares were traded. PENN stock price reached its highest trading level at $17.59 during the session, while it also had its lowest trading level at $17.24.
Ratios:
We take a closer look at PENN’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.82 and its Current Ratio is at 0.82. In the meantime, Its Debt-to-Equity ratio is 3.93 whereas as Long-Term Debt/Eq ratio is at 3.77.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Sep 10 ’24 when HANDLER DAVID A bought 10,000 shares for $17.51 per share. The transaction valued at 175,100 led to the insider holds 293,450 shares of the business.
DHANDA ANUJ bought 15,000 shares of PENN for $276,000 on Sep 06 ’24. The Director now owns 31,523 shares after completing the transaction at $18.40 per share. On Sep 03 ’24, another insider, Snowden Jay A, who serves as the President and CEO of the company, bought 54,200 shares for $18.44 each. As a result, the insider paid 999,448 and bolstered with 853,045 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, PENN now has a Market Capitalization of 2650577152 and an Enterprise Value of 13097893888. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.40 while its Price-to-Book (P/B) ratio in mrq is 0.92. Its current Enterprise Value per Revenue stands at 1.991 whereas that against EBITDA is 21.995.
Stock Price History:
The Beta on a monthly basis for PENN is 1.93, which has changed by -0.053005457 over the last 52 weeks, in comparison to a change of 0.10063088 over the same period for the S&P500. Over the past 52 weeks, PENN has reached a high of $23.08, while it has fallen to a 52-week low of $13.50. The 50-Day Moving Average of the stock is -12.18%, while the 200-Day Moving Average is calculated to be -10.44%.
Shares Statistics:
According to the various share statistics, PENN traded on average about 4.52M shares per day over the past 3-months and 3576920 shares per day over the past 10 days. A total of 152.23M shares are outstanding, with a floating share count of 150.84M. Insiders hold about 1.38% of the company’s shares, while institutions hold 96.47% stake in the company. Shares short for PENN as of 1741910400 were 17068639 with a Short Ratio of 3.77, compared to 1739491200 on 16361824. Therefore, it implies a Short% of Shares Outstanding of 17068639 and a Short% of Float of 12.620000000000001.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
