PENN Entertainment Inc Inc. (PENN) Price Performance: A Technical Analysis Perspective

Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. The metric has seen a significant loss of -11.53% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 3.94%. Over the past 30 days, the price of PENN has fallen by 28.61%. And in the last five days, it has surged by 14.64%.

The current stock price for PENN Entertainment Inc (PENN) is $26.27. The stock experienced a significant increase during the last trading session, reaching $25.01 after opening at $24.98. It dipped to a low of $24.275 before ultimately closing at $24.57.

Elon Musk just Triggered a BOOM in These Stocks

Something strange is happening in the stock market…. This select group of stocks are going absolutely bananas. And it's all because of Elon Musk. Get your copy of "Top 5 Tech Stocks to Buy in 2024"

Click Here to Download the FREE Report.


In terms of market performance, PENN Entertainment Inc had a somewhat inconsistent run in. The highest value for the stock in the past year was $37.67 on 12/13/22, while the lowest value was $18.35 on 10/30/23.

52-week price history of PENN Stock

The history of a stock’s 52-week high and low prices can provide important information about its current state and future potential. PENN Entertainment Inc’s current trading price is -30.25% away from its 52-week high, while its distance from the 52-week low is 43.19%. The stock’s price range for this period has been between $18.35 and $37.67. The Consumer Cyclical sector company’s shares saw a trading volume of about 5.14 million for the day, which was higher than the average daily volume of 4.9 million over the last three months.

The Connection Between Financial Performance and Market Capitalization

PENN Entertainment Inc (PENN) has experienced a quarterly rise of 15.34% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.99B and boasts a workforce of 21875 employees.

Expert Opinions: Analysts’ Ratings for PENN Entertainment Inc

As of right now, 7 analysts are rating PENN Entertainment Inc as a BUY, 2 of the polled analysts branded the stock as an OVERWEIGHT, 11 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.

How Moving Averages and Trading Volume Data Work Together

Based on Barchart.com data, the company’s moving average over the 100-day period was 23.28, with a change in price of +2.33. Similarly, PENN Entertainment Inc recorded 5,321,596 in trading volume during the last 100 days, posting a change of +9.79%.

PENN’s Debt-to-Equity Ratio: A Comprehensive Review

A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder equity. At the time of writing, the total D/E ratio for PENN stands at 3.30. Similarly, the long-term debt-to-equity ratio is also 3.18.

PENN Stock Stochastic Average

As of today, the raw stochastic average of PENN Entertainment Inc over the past 50 days is 98.23%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 98.23%. Additionally, the Stochastic %K and %D values for the company were 96.33% and 96.10%, respectively, over the past 20 days.

Leave a Reply

Your email address will not be published. Required fields are marked *

On Key

Related Posts