Caesars Entertainment Inc (NASDAQ:CZR) price closed lower on Tuesday, April 16, dropping -1.94% below its previous close.
A look at the daily price movement shows that the last close reads $40.22. The company’s P/E ratio in the trailing 12-month period read 10.79. Taking into account the 52-week price action we note that the stock hit a 52-week high of $60.27 and 52-week low of $38.33. The stock added 0.69% on its value in the past month.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give CZR a short term outlook of 100% Sell on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Sell, while an average of long term indicators are currently assigning the stock as 100% Sell.
The overview shows that CZR’s price is at present -6.21% off the SMA20 and -6.48% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 39.34, with weekly volatility standing at 4.08%. The indicator jumps to 3.24% when calculated based on the past 30 days. Caesars Entertainment Inc (NASDAQ:CZR)’s beta value is holding at 2.80, while the average true range (ATR) indicator is currently reading 1.54.
An analysis of the Caesars Entertainment Inc (NASDAQ:CZR) stock in terms of its daily trading volume indicates that the 3-month average is 3.22 million.
Current records show that the company has 215.44M in outstanding shares. The insiders’ percentage holdings are 4.72% of outstanding shares while the percentage share held by institutions stands at 92.50%. But the -15.87% downside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
