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The closing price of PENN Entertainment Inc (NASDAQ: PENN) was $22.44 for the day, up 3.08% from the previous closing price of $21.77. In other words, the price has increased by $3.08 from its previous closing price. On the day, 3.62 million shares were traded.
Ratios:
Our analysis of PENN’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.94 and its Current Ratio is at 0.94. In the meantime, Its Debt-to-Equity ratio is 3.69 whereas as Long-Term Debt/Eq ratio is at 3.55.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.54 while its Price-to-Book (P/B) ratio in mrq is 1.11.
Stock Price History:
Over the past 52 weeks, PENN has reached a high of $23.00, while it has fallen to a 52-week low of $13.50. The 50-Day Moving Average of the stock is 11.78%, while the 200-Day Moving Average is calculated to be 18.27%.
Shares Statistics:
A total of 152.16M shares are outstanding, with a floating share count of 150.41M. Insiders hold about 1.45% of the company’s shares, while institutions hold 91.85% stake in the company.
