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 -27.42% away from its 52-week high, while its distance from the 52-week low is 37.25%. The stock’s price range over this period has fluctuated between $13.50 and $25.53. The company, operating within the financial sector, had a trading volume of approximately 1.41 million for the day, which was noticeably lower than the average daily share volume of 2.92 million over the last 3 months.
PENN Entertainment Inc’s market performance has been unstable in recent times. The company’s stock hit a 1-year high of $25.53 on 01/09/24 and a low of $13.50 for the same time frame on 05/02/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
PENN Entertainment Inc (PENN) has experienced a quarterly rise of 0.26% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.83B 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 19.45, with a change in price of -0.66. Similarly, PENN Entertainment Inc recorded 2,988,035 in trading volume during the last 100 days, posting a change of -3.40%.
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’s raw stochastic average for PENN Entertainment Inc over the last 50 days is 15.67%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 17.49%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 29.57% and 30.81%, respectively.
PENN Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The metric has seen a significant loss of -6.52% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -7.68%. Over the past 30 days, the price of PENN has leaped by -10.66%. And in the last five days, it has fallen by -6.52%.
