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The closing price of PENN Entertainment Inc (NASDAQ: PENN) was $15.22 for the day, down -3.12% from the previous closing price of $15.71. In other words, the price has decreased by -$3.12 from its previous closing price. On the day, 2.51 million shares were traded. PENN stock price reached its highest trading level at $15.49 during the session, while it also had its lowest trading level at $15.05.
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 0.82 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:
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:
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 2375887872 and an Enterprise Value of 12782367744. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.35 while its Price-to-Book (P/B) ratio in mrq is 0.81. Its current Enterprise Value per Revenue stands at 1.943 whereas that against EBITDA is 21.465.
Stock Price History:
The Beta on a monthly basis for PENN is 1.81, which has changed by 0.0146666765 over the last 52 weeks, in comparison to a change of 0.09969199 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 $13.25. The 50-Day Moving Average of the stock is -10.74%, while the 200-Day Moving Average is calculated to be -19.63%.
Shares Statistics:
PENN traded an average of 4.18M shares per day over the past three months and 4166180 shares per day over the past ten 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 95.48% stake in the company. Shares short for PENN as of 1744675200 were 19177791 with a Short Ratio of 4.58, compared to 1741910400 on 17068639. Therefore, it implies a Short% of Shares Outstanding of 19177791 and a Short% of Float of 14.180000000000001.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
