Editor Note: For more information about this release, please scroll to bottom.LONDON, January 8, 2015 — (PRNewswire) —
Investor-Edge has initiated coverage on the following equities: MGM Resorts International (NYSE: MGM), Las Vegas Sands Corporation (NYSE: LVS), Melco Crown Entertainment Ltd (NASDAQ: MPEL), Boyd Gaming Corporation (NYSE: BYD), and Pinnacle Entertainment Inc. (NYSE: PNK). Free research on these five companies can be accessed at: http://investor-edge.com/register. The US markets on Wednesday, January 07, 2015, ended on a positive note as the Dow Jones Industrial Average finished at 17,584.52, up 1.23% and the NASDAQ Composite closed at 4,650.47, up 1.26%. The S&P 500 finished the session 1.16% higher at 2,025.90. During the trading session, nine out of ten sectors finished on a higher note. The S&P 500 Consumer Discretionary Sector Index ended the day at 560.50, up 1.53%, with the index gaining 7.71% in the previous three months. Register for your complimentary reports on these five stocks at:
MGM Resorts International's stock surged 3.92%, to close the day at $20.43. The stock recorded a trading volume of 12.25 million shares, above its three months average volume of 10.87 million shares. The company's shares oscillated between $20.09 and $20.50 during the session. Over the previous three trading sessions and over the past one month, MGM Resorts International's shares have fallen by 2.81% and 6.75%, respectively. Further, the stock has lost 16.65% over the last one year. The company is trading below its 50-day and 200-day moving averages. MGM Resorts International's 200-day moving average of $23.85 is above its 50-day moving average of $21.68. Additionally, the stock traded at a PE ratio of 47.51 and has a Relative Strength Index (RSI) of 37.71. Sign up and read the free notes on MGM at:
On Wednesday, shares in Las Vegas Sands Corp. recorded a trading volume of 6.67 million shares, higher than its three months average volume of 6.28 million shares. The stock ended the day at $55.12, which was 3.30% above its previous day's closing of $53.36, and registered an intraday range of $54.00 and $55.23. Shares of the company traded at a PE ratio of 16.46. Las Vegas Sands Corp.'s shares have lost 2.10% in the previous three trading sessions, 6.92% in the last one month, and 30.21% in the past one year. The company is trading below its 50-day and 200-day moving averages of $59.39 and $68.42, respectively. Furthermore, shares of Las Vegas Sands Corp. have an RSI of 34.18. The complimentary notes on LVS can be downloaded as in PDF format at:
Shares in Melco Crown Entertainment Ltd stock gained 3.28% to end Wednesday's session at $23.78. The stock recorded a trading volume of 3.79 million shares, below its three months average volume of 3.93 million shares. The company's shares fluctuated between $23.38 and $23.88 during the session. Shares of the company traded at a PE ratio of 19.75. Melco Crown Entertainment Ltd's shares have plummeted 42.68% over the past one year. Further, the stock has lost 1.57% in the previous three trading sessions and 5.30% over the last one month. The company is trading below its 50-day and 200-day moving averages. Melco Crown Entertainment Ltd's 200-day moving average of $30.02 is above its 50-day moving average of $24.93. Additionally, the stock has an RSI of 39.50. Register for free on Investor-Edge and access the latest research on MPEL at:
On Wednesday, shares in Boyd Gaming Corp. fluctuated between $12.22 and $12.53 before ending the session 2.88% higher at $12.51. The stock reported a trading volume of 1.03 million shares, lower than its three months average volume of 1.53 million shares. Boyd Gaming Corp.'s stock has gained 0.16% in the last one month, 23.86% in the previous three months, and 6.02% over the past one year. The company is trading above its 50-day and 200-day moving averages of $11.80 and $11.30, respectively. Moreover, shares of Boyd Gaming Corp. have an RSI of 52.43. The complete research on BYD is available for free at:
Pinnacle Entertainment Inc.'s stock finished Wednesday's session 3.29% higher at $21.03. A total of 0.69 million shares were traded, which was below its three months average volume of 1.22 million shares. The stock vacillated between $20.44 and $21.03 during the session. Over the previous three trading sessions and over the last one month, Pinnacle Entertainment Inc.'s shares have lost 2.77% and 9.94%, respectively. Additionally, over the past one year, the stock has declined 18.52%. The company's stock is trading below its 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $23.78 is greater than its 50-day moving average of $22.98. Pinnacle Entertainment Inc.'s stock traded at a PE ratio of 26.42 and has an RSI of 33.95. Free in depth research on PNK is available at:
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