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PENN Entertainment Inc (NASDAQ: PENN) closed the day trading at $18.17 down -1.52% from the previous closing price of $18.45. In other words, the price has decreased by -$1.52 from its previous closing price. On the day, 3.53 million shares were traded. PENN stock price reached its highest trading level at $19.17 during the session, while it also had its lowest trading level at $18.15.
Ratios:
For a better understanding of PENN, let’s look at its different ratios. 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:
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 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 2773268736 and an Enterprise Value of 13197865984. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.44 while its Price-to-Book (P/B) ratio in mrq is 0.90. Its current Enterprise Value per Revenue stands at 2.093 whereas that against EBITDA is 31.581.
Stock Price History:
Over the past 52 weeks, PENN has reached a high of $27.20, while it has fallen to a 52-week low of $13.50. The 50-Day Moving Average of the stock is -8.87%, while the 200-Day Moving Average is calculated to be -1.90%.
Shares Statistics:
Over the past 3-months, PENN traded about 2.94M shares per day on average, while over the past 10 days, PENN traded about 4045380 shares per day. A total of 152.16M shares are outstanding, with a floating share count of 150.90M. Insiders hold about 1.13% of the company’s shares, while institutions hold 99.32% stake in the company. Shares short for PENN as of 1732838400 were 17093349 with a Short Ratio of 5.81, compared to 1730332800 on 19883391. Therefore, it implies a Short% of Shares Outstanding of 17093349 and a Short% of Float of 12.68.
