Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. PENN Entertainment Inc’s current trading price is -31.26% away from its 52-week high, while its distance from the 52-week low is 38.52%. The stock’s price range over this period has fluctuated between $13.50 and $27.20. The company, operating within the financial sector, had a trading volume of approximately 2.2 million for the day, which was noticeably lower than the average daily share volume of 2.91 million over the last 3 months.
PENN Entertainment Inc ‘s stock market performance has been somewhat erratic. The company’s stock reached a 1-year high price of $27.20 on 12/28/23, while the lowest value for the same period was recorded at $13.50 on 05/02/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
PENN Entertainment Inc (PENN) has experienced a quarterly decline of -1.79% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.85B and boasts a workforce of 23333 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 19.39, with a change in price of +1.73. Similarly, PENN Entertainment Inc recorded 3,087,133 in trading volume during the last 100 days, posting a change of +10.19%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for PENN stands at 3.69. Similarly, the long-term debt-to-equity ratio is also 3.55.
PENN Stock Stochastic Average
Today, PENN Entertainment Inc’s raw stochastic average for the past 50 days stands at 17.78%, indicating a rise from the raw stochastic average of the last 20 days, which was 17.78%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 9.33% and 7.73% respectively.
PENN Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. The index has shown a price loss of -28.13% this year. Over the last six months, there has been a stronger performance of -1.01%. The price of PENN leaped by -11.67% during the last 30 days period. For the last 5-days stocks have improved 1.36%.
