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Caesars Entertainment Inc (NASDAQ: CZR) closed the day trading at $31.98 down -3.24% from the previous closing price of $33.05. In other words, the price has decreased by -$3.24 from its previous closing price. On the day, 4.43 million shares were traded. CZR stock price reached its highest trading level at $32.75 during the session, while it also had its lowest trading level at $31.79.
Ratios:
For a better understanding of CZR, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.82 and its Current Ratio is at 0.84. In the meantime, Its Debt-to-Equity ratio is 6.08 whereas as Long-Term Debt/Eq ratio is at 6.06.
On May 21, 2024, Raymond James started tracking the stock assigning a Strong Buy rating and target price of $55.
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 Aug 06 ’24 when MATHER COURTNEY sold 693 shares for $34.74 per share. The transaction valued at 24,075 led to the insider holds 37,650 shares of the business.
FAHRENKOPF FRANK J JR sold 10,000 shares of CZR for $325,207 on May 31 ’24. The Director now owns 350 shares after completing the transaction at $32.52 per share. On May 31 ’24, another insider, Biumi Bonnie, who serves as the Director of the company, bought 1,000 shares for $32.45 each. As a result, the insider paid 32,455 and bolstered with 24,228 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, CZR now has a Market Capitalization of 6795110400 and an Enterprise Value of 32478121984. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.60 while its Price-to-Book (P/B) ratio in mrq is 1.63. Its current Enterprise Value per Revenue stands at 2.882 whereas that against EBITDA is 8.854.
Stock Price History:
Over the past 52 weeks, CZR has reached a high of $47.99, while it has fallen to a 52-week low of $31.66. The 50-Day Moving Average of the stock is -14.06%, while the 200-Day Moving Average is calculated to be -16.24%.
Shares Statistics:
Over the past 3-months, CZR traded about 3.89M shares per day on average, while over the past 10 days, CZR traded about 4020740 shares per day. A total of 212.48M shares are outstanding, with a floating share count of 199.50M. Insiders hold about 6.11% of the company’s shares, while institutions hold 103.76% stake in the company. Shares short for CZR as of 1734048000 were 16003387 with a Short Ratio of 4.11, compared to 1731628800 on 15366968. Therefore, it implies a Short% of Shares Outstanding of 16003387 and a Short% of Float of 8.540000000000001.
