Penn National Gaming, Inc. (PENN) has seen some recent movement in the stock market and its shares were last quoted at $19.35 yesterday. Investors are starting to take interest of PENN as the shares traded as high as $19.97 and as low as $17.48 in the previous market day.
Penn National Gaming, Inc. (PENN) average trading volume is 10.39M. However, in the previous market day Penn National Gaming, Inc. (PENN) traded 22,686,516 shares. The 1st support level on PENN is $16.75 and the 1st upside resistance level on PENN is $38.65. PENN fifty day moving average is $14.65 and PENN two hundred day moving average is $22.17.
Penn National Gaming, Inc. (PENN) most recent performance has been indicated by the recent movement in PENN shares. PENN has performed 44.62% over the past 30 days, PENN has performed -47.52% over the past quarter and PENN has shown -9.58% over the past 12 months. Penn National Gaming, Inc. (PENN) has a 12 month range of $3.75 to $39.18. Penn National Gaming, Inc. (PENN) is trading 416.00% from its 12 month low and -50.61% from its 12 month high. Penn National Gaming, Inc. (PENN) is displaying a 18.17% short float displaying the quantity short in the float.
PENN has 115.70M shares outstanding and 92.38M shares in the float. Penn National Gaming, Inc. (PENN) at this time has a market cap of $2.07B and income of $-605.70M. The EPS next quarter for PENN is -2.11 and projected EPS net year is 436.40%. The market cap of Penn National Gaming, Inc. (PENN) at $2.07B represents how many Investors own shares of PENN and is based off the last price ($19.35) of PENN and the quantity of shares outstanding (115.70M) with Penn National Gaming, Inc. (PENN).
Penn National Gaming, Inc. (PENN) has aggregate cash (mrq) of 437.4M, aggregate cash per share (mrq) of 3.77, aggregate debt of PENN remains at 11.33B and aggregate debt/equity (mrq) is 611.72.
PENN is trading 20.88% above (bullish) its SMA20, 34.98% above (bullish) its SMA50 and -8.93% below (bearish) its SMA200.
In recent news, on May 14, 2020, it was announced, Penn National Gaming Closes Public Offering of Common Stock and 2.75% Convertible Senior Notes Due 2026. In this news it stated, Upsized Offering Significantly Enhances Company’s Liquidity Position and Provides Flexibility to Invest in Long Term Growth Initiatives – Penn National Gaming, Inc. (PENN: Nasdaq) (“Penn National” or the “Company”) today announced that it has closed on its underwritten public offering of $300 million of common shares (the “Common Stock Offering”) and $300 million aggregate principal amount of 2.75% Convertible Senior Notes due 2026 (the “Convertible Notes” and such offering, the “Convertible Notes Offering”).