SproutNews logo

Research Report Initiated on Select Resorts and Casinos’ Equities

LONDON, UK / ACCESSWIRE / June 29, 2016 / Active Wall St announces the list of stocks for today’s research coverage. Pre-market the Active Wall St. team provides the latest corporate, market and technical events impacting selected stocks on the Resorts & Casinos industry. Companies recently under review include Diamond Resorts Intl., Pinnacle Entertainment, Penn National Gaming, and Caesars Entertainment. See our complete report on Diamond Resorts Intl. at:

http://www.activewallst.com/registration-3/?symbol=DRII

Today, AWS is promoting its equity research coverage. Get all of our research report free by signing up to http://www.activewallst.com/register/.

The Resorts and Casinos space encompasses a wide range of amenities and services, and competition in this industry is cutthroat. Additionally, in light of the current market volatility following the Brexit, let us see how these are affecting some of the big names in the industry. Register with us now for your free membership and more research reports at:

http://www.activewallst.com/register/

Active Wall St takes a brief technical look at how each of the companies mentioned above have fared over the last few trading sessions.

Diamond Resorts International Inc. (NYSE: DRII)

On Tuesday, shares in Las Vegas, Nevada headquartered Diamond Resorts International Inc. recorded a trading volume of 938,980 shares. The stock ended the day at $24.07, gaining 2.78%. The Company’s shares have advanced 3.13% in the last one month and 2.56% over the previous three months. The stock is trading above its 50-day and 200-day moving averages by 7.60% and 2.41%, respectively. Furthermore, shares of Diamond Resorts International, which operates in the hospitality and vacation ownership industry in the continental U.S., Hawaii, Canada, Mexico, the Caribbean, Central America, South America, Europe, Asia, Australia, New Zealand, and Africa, have a Relative Strength Index (RSI) of 51.43.

Pinnacle Entertainment Inc. (NASDAQ: PNK)

Pinnacle Entertainment Inc’s stock finished yesterday’s session 0.18% lower at $11.00 and with a total volume of 967,690 shares traded. The Company’s shares have gained 4.76% on an YTD basis. The stock is trading below its 50-day moving average by 0.05%. Furthermore, shares of Pinnacle Entertainment have an RSI of 46.67. The complimentary notes on PNK can be downloaded in PDF format at:

http://www.activewallst.com/registration-3/?symbol=PNK

Penn National Gaming Inc. (NASDAQ: PENN)

At the closing bell on Tuesday, shares in Wyomissing, Pennsylvania-based Penn National Gaming Inc. saw a slight decline of 0.73%, ending the day at $13.59. The stock recorded a trading volume of 1.25 million shares, which was above its three months average volume of 963,440 shares. The Company’s shares are trading 12.28% below their 50-day moving average. Moreover, shares of Penn National Gaming, which owns and manages gaming and racing facilities, and operates video gaming terminals with a focus on slot machine entertainment, have an RSI of 29.78. On June 02nd, 2016, research firm Morgan Stanley upgraded the Company’s stock rating from ‘Underweight’ to ‘Equal-Weight’. Register for free and access the latest research on PENN at:

http://www.activewallst.com/registration-3/?symbol=PENN

Caesars Entertainment Corp. (NASDAQ: CZR)

Las Vegas, Nevada-based Caesars Entertainment Corp.’s stock ended the day 2.33% higher at $7.91 and with a total volume of 325,410 shares traded. The Company’s shares have gained 7.18% in the last month, 20.40% over the previous three months, and 0.25% on an YTD basis. The stock is trading 4.90% above its 50-day moving average and 5.46% above its 200-day moving average. Additionally, shares of Caesars Entertainment, which through its subsidiaries, provides casino-entertainment and hospitality services in the U.S. and globally, have an RSI of 49.43. Get free access to your research report on CZR at:

http://www.activewallst.com/registration-3/?symbol=CZR

Active Wall Street:

Active Wall Street (AWS) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. AWS has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

AWS has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the “Author”) and is fact checked and reviewed by a third party research service company (the “Reviewer”) represented by a credentialed financial analyst [for further information on analyst credentials, please email info@activewallst.com. Rohit Tuli, a CFA® charterholder (the “Sponsor”), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by AWS. AWS is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

AWS, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. AWS, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, AWS, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither AWS nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://www.activewallst.com/disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you’re a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: info@activewallst.com
Phone number: 1-858-257-3144
Office Address: 3rd floor, 207 Regent Street, London, W1B 3HH, United Kingdom

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Active Wall Street

ReleaseID: 441785

Go Top