Today’s Research Reports on Trending Tickers: Boyd Gaming and Penn National Gaming
U.S. markets made it in the green on Thursday, pushed higher by rally in information technology and telecom stocks, covering continued uncertainty over trade policy. The Dow Jones Industrial Average gained 0.91 percent to close at 24,924.89, while the S&P 500 Index increased 0.87 percent to close at 2,798.29. The Nasdaq Composite Index jumped 1.39 percent to close at 7,823.92.
Head of small and mid-cap equities at Aberdeen Standard Investments, Ralph Bassett said, “The market is breathing a sign of relief despite some pretty intense headlines recently. We’re seeing technology pick up, and other areas more broadly as well, as fundamentals remain very good.”
RDI Initiates Coverage on:
Boyd Gaming Corporation
Penn National Gaming, Inc.
Boyd Gaming’s stock moved 2.28% higher Thursday, to close the day at $38.19. The stock recorded a trading volume of 779,169 shares, which was below its three months average volume of 1,232,611 shares. In the last year, Boyd Gaming’s shares have traded in a range of 24.53 – 40.44. The share price has gained 55.69% from its 52 week low. The company’s shares are currently trading above their 200-day moving average. The stock’s 50-day moving average of $36.59 is above its 200-day moving average of $35.50. Shares of the company are trading at a Price to Earnings ratio of 22.71. Shares of Boyd Gaming have gained roughly 2.85 percent in the past month and are up 8.96 percent year-to-date.
Access RDI’s Boyd Gaming Corporation Research Report at:
On Thursday, shares of Penn National Gaming recorded a trading volume of 763,491 shares, which was below the three months average volume of 1,427,795 shares. The stock ended the day 1.39% higher at $36.45. The share price has fallen 0.05% from its 52 week high with a 52 week trading range of 19.98 – 36.47. The company’s shares are currently trading above their 200-day moving average. The stock’s 50-day moving average of $33.80 is above its 200-day moving average of $30.35. Shares of the company are trading at a Price to Earnings ratio of 6.68. Shares of Penn National Gaming have gained roughly 12.26 percent in the past month and are up 16.34 percent year-to-date.
Access RDI’s Penn National Gaming, Inc. Research Report at:
Our Actionable Research on Boyd Gaming Corporation (NYSE:BYD) and Penn National Gaming, Inc. (NASDAQ:PENN) can be downloaded free of charge at Research Driven Investing.
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