Penn National Gaming (PENN) making moves during market-hours
For those who bought Penn National Gaming Inc. at $4.00 a share are becoming wealthy. Penn National Gaming, Inc. owns and manages gaming and racing facilities and video gaming terminal operations with a focus on slot machine entertainment.
Since Thursday, PENN has been trading significantly higher than usual at $11.46 a share with a +88.18% increase. Penn is currently up +54.50 during market-hours and is attracting attention from many analysts. Analyst Shaun Kelley said he’s bullish on U.S. gaming companies with exposure to the Macau market and is bullish on Penn National.
Penn has a P/E (price to earnings) ratio of 12.13 with a high analysts buy rating. The gaming company has a 52 week high of $39.18 and a 52 week low of $3.75.