Stocks Under Scanner in the Resorts and Casinos Space — Caesars Entertainment, Eldorado Resorts, Pinnacle Entertainment, and La Quinta

June 6, 2017 | By forimmediaterele | Filed in: Press Releases.

Travel & Tourism Industry release:

Caesars Entertainment 

On Monday, shares in Las Vegas, Nevada-based Caesars Entertainment Corp. recorded a trading volume of 3.35 million shares, which was above their three months average volume of 1.71 million shares. The stock ended at $12.52, rising 0.60% from the last trading session. The Company’s shares have gained 12.33% in the last one month, 29.12% over the previous three months, and 47.35% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 20.33% and 45.08%, respectively. Furthermore, shares of Caesars Entertainment, which through its subsidiaries, provides casino-entertainment and hospitality services in the US and internationally, have a Relative Strength Index (RSI) of 76.18.

On June 01st, 2017, research firm Oppenheimer initiated an ‘Outperform’ rating on the Company’s stock, with a target price of $15 per share. Sign up and read the free research report on CZR at: http://dailystocktracker.com/registration/?symbol=CZR

Eldorado Resorts 

Reno, Nevada-based Eldorado Resorts Inc.’s stock finished yesterday’s session flat at $20.85 with a total trading volume of 430,493 shares. The Company’s shares have gained 6.65% in the last one month, 15.51% over the previous three months, and 23.01% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 6.89% and 29.17%, respectively. Furthermore, shares of Eldorado Resorts, which owns and operates gaming facilities in Ohio, Louisiana, Nevada, Pennsylvania, and West Virginia, have an RSI of 60.90.

On May 08th, 2017, research firm Imperial Capital reiterated its ‘Outperform’ rating on the Company’s stock with an increase of the target price from $24 a share to $26 a share. The complimentary research report on ERI can be downloaded at: http://dailystocktracker.com/registration/?symbol=ERI

Pinnacle Entertainment 

At the close of trading on Monday, shares in Las Vegas, Nevada headquartered Pinnacle Entertainment Inc. saw a slight decline of 0.69%, ending the day at $20.04. The stock recorded a trading volume of 309,443 shares. The Company’s shares have advanced 11.46% in the previous three months and 38.21% since the start of this year. The stock is trading 0.69% and 28.95% above its 50-day and 200-day moving averages, respectively. Moreover, shares of Pinnacle Entertainment, which engages in ownership, operation, and development of casinos and related hospitality and entertainment businesses, have an RSI of 52.96.

On May 10th, 2017, research firm Telsey Advisory Group reiterated its ‘Outperform’ rating on the Company’s stock with an increase of the target price from $22 a share to $27 a share. Register for free on DailyStockTracker.com and access the latest report on PNK at: http://dailystocktracker.com/registration/?symbol=PNK

La Quinta 

Irving, Texas headquartered La Quinta Holdings Inc.’s shares ended the day 2.34% lower at $14.16 with a total trading volume of 349,573 shares. The stock has gained 3.74% in the last month and 4.04% over the previous three months. The Company’s shares are trading 2.62% above their 50-day moving average and 10.17% above their 200-day moving average. Additionally, shares of La Quinta Holdings, which owns, operates, and franchises select-service hotels under the La Quinta brand, have an RSI of 53.36. Get free access to your research report on LQ at: http://dailystocktracker.com/registration/?symbol=LQ

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SOURCE Chelmsford Park SA

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