Technical Recap on Casinos and Gaming Equities - Melco Crown Entertainment, Wynn Resorts, Pinnacle Entertainment, Caesars Entertainment, and Penn National Gaming

Editor Note: For more information about this release, please scroll to bottom.

LONDON, December 4, 2014 — (PRNewswire) —

Investor-Edge has initiated coverage on the following equities: Melco Crown Entertainment Ltd (NASDAQ: MPEL), Wynn Resorts Ltd (NASDAQ: WYNN), Pinnacle Entertainment Inc. (NYSE: PNK), Caesars Entertainment Corporation (NASDAQ: CZR), and Penn National Gaming Inc. (NASDAQ: PENN). Free research on these five companies can be accessed at: http://investor-edge.com/register. The US markets on Wednesday, December 03, 2014, ended on a positive note as the Dow Jones Industrial Average finished at 17,912.62, up 0.18% and the NASDAQ Composite closed at 4,774.47, up 0.39%. The S&P 500 finished the session 0.38% higher at 2,074.33. During the trading session, seven out of ten sectors finished on a higher note. The S&P 500 Consumer Discretionary Sector Index ended the day at 565.37, up 0.19%, with the index advancing 3.92% in the previous three months. Register for your complimentary reports on these five stocks at:  

http://investor-edge.com/register

Shares in Melco Crown Entertainment Ltd gained 1.64%, to close the day at $24.85. The stock recorded a trading volume of 3.98 million shares, below its three months average volume of 4.46 million shares. The company's shares oscillated between $24.04 and $24.96 during the session. Over the last three trading sessions and over the past one month, Melco Crown Entertainment Ltd's shares have lost 3.98% and 6.47%, respectively. Further, the stock has plummeted 36.10% since the start of this year. The stock is trading below its 50-day and 200-day moving averages. Melco Crown Entertainment Ltd's shares 200-day moving average of $32.10 is above its 50-day moving average of $25.54. Additionally, the stock traded at a PE ratio of 20.64 and has a Relative Strength Index (RSI) of 40.64. Sign up and read the free notes on MPEL at:

www.Investor-Edge.com/MPEL-04Dec2014

On Wednesday, shares in Wynn Resorts Ltd recorded a trading volume of 2.20 million shares, higher than its three months average volume of 1.90 million shares. The stock ended the day at $169.57, which was 2.69% below its previous day's closing of $174.25, and registered an intraday range of $168.81 and $172.21. Shares of the company traded at a PE ratio of 19.97. Wynn Resorts Ltd's shares have lost 5.06% in the previous three trading sessions, 10.01% in the last one month, and 12.19% on YTD basis. The stock is trading below its 50-day and 200-day moving averages of $180.63 and $200.99, respectively. Furthermore, shares of Wynn Resorts Ltd have an RSI of 37.93. The complimentary notes on WYNN can be downloaded as in PDF format at:

www.Investor-Edge.com/WYNN-04Dec2014

Pinnacle Entertainment Inc.'s stock edged 0.85% higher to end Wednesday's session at $23.74. The stock recorded a trading volume of 0.63 million shares, below its three months average volume of 1.37 million shares. The company's shares fluctuated between $23.43 and $23.82 during the session. Shares of the company traded at a PE ratio of 29.82. Pinnacle Entertainment Inc.'s shares have fallen by 8.66% since the beginning of 2014. Further, the stock has declined 4.62% in the previous three trading sessions and 8.20% over the last one month. The stock is trading below its 50-day and 200-day moving averages. Pinnacle Entertainment Inc.'s shares 50-day moving average of $24.14 is above its 200-day moving average of $24.06. Additionally, the stock has an RSI of 45.77. Register for free on Investor-Edge and access the latest research on PNK at:

www.Investor-Edge.com/PNK-04Dec2014

On Wednesday, shares in Caesars Entertainment Corp. fluctuated between $16.01 and $16.86 before ending the session 0.62% lower at $16.14. The stock reported a trading volume of 0.82 million shares, lower than its three months average volume of 1.62 million shares. Although Caesars Entertainment Corp.'s stock has lost 4.83% in the previous three trading sessions, it has surged 32.40% in the last one month and 23.87% in the past three months. The stock is trading above its 50-day moving average of $12.85, while the 50-day moving average is below the 200-day moving average of $16.78.  Moreover, shares of Caesars Entertainment Corp. have an RSI of 61.27. The complete research on CZR is available for free at:

www.Investor-Edge.com/CZR-04Dec2014

Shares in Penn National Gaming Inc. finished Wednesday's session 1.38% lower at $13.57. A total of 0.99 million shares were traded, which was above its three months average volume of 0.94 million shares. The stock vacillated between $13.50 and $13.79 during the session. Over the last one month and over the past three months, Penn National Gaming Inc.'s shares have advanced 3.04% and 20.62%, respectively. However, from the beginning of 2014, the stock has fallen by 5.30%. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $12.63 is greater than its 200-day moving average of $11.93. Penn National Gaming Inc.'s stock traded at a PE ratio of 32.38 and has an RSI of 53.62. Free in depth research on PENN is available at:

www.Investor-Edge.com/PENN-04Dec2014

About Investor-Edge.com 

At Investor-Edge, we provide our members with a simple and reliable way to leverage our economy of scale. Most investors do not have time to track all publicly traded companies, much less perform an in-depth review and analysis of the complexities contained in each situation. That's where Investor-Edge comes in. We provide a single unified platform for investors' to hear about what matters. Situation alerts, moving events, and upcoming opportunities.

===============

EDITOR'S NOTES:

===============

1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.

2. Information in this release is produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.

3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.

4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] www.investor-edge.com.

5. For any urgent concerns or inquiries, please contact us at compliance [at] www.investor-edge.com.

6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] www.investor-edge.com for consideration.

COMPLIANCE PROCEDURE

Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Investor-Edge, represented by Rohit Tuli, CFA. An outsourced research services provider has only reviewed the information provided by Investor-Edge in this article or report according to the procedures outlined by Investor-Edge. Investor-Edge is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE

Investor-Edge makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED

Investor-Edge is 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 by Investor-Edge whatsoever for any direct, indirect or consequential loss arising from the use of this document. Investor-Edge expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Investor-Edge does 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.

1 | 2  Next Page »



Review Article Be the first to review this article
SolidCAM: Program your CNCs directly inside your existing CAD system.


Featured Video
Editorial
Jeff RoweJeff's MCAD Blogging
by Jeff Rowe
Siemens Goes ECAD With Mentor Graphics Acquisition
Jobs
Mechanical Engineer for IDEX Corporation at West Jordan,, UT
Business Partner Manager for Cityworks - Azteca Systems, LLC at Sandy, UT
Senior Structural Engineer for Design Everest at San Francisco, CA
GIS Analyst II for Air Worldwide at Boston, MA
Upcoming Events
Design & Manufacturing, Feb 7 - 9, 2017 Anaheim Convention Center, Anaheim, CA at Anaheim Convention Center Anaheim CA - Feb 7 - 9, 2017
Innorobo 2017 at Docks de Paris Paris France - May 16 - 18, 2017
Display Week 2017 at Los Angeles Convention Center 1201 S Figueroa St Los Angeles CA - May 21 - 26, 2017



Internet Business Systems © 2016 Internet Business Systems, Inc.
595 Millich Dr., Suite 216, Campbell, CA 95008
+1 (408)-337-6870 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation GISCafe - Geographical Information Services TechJobsCafe - Technical Jobs and Resumes ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy Policy Advertise