Monarch Casino & Resort Inc. (NASDAQ:MCRI) saw unusually-strong trading volume on Thursday . Approximately 68,797 shares traded hands during mid-day trading, an increase of 25% from the previous session’s volume of 54,905 shares.The stock last traded at $23.13 and had previously closed at $23.03.

The company has a market cap of $398.25 million and a P/E ratio of 19.11. The stock’s 50-day moving average is $21.95 and its 200-day moving average is $20.47.

Monarch Casino & Resort (NASDAQ:MCRI) last announced its quarterly earnings data on Wednesday, April 20th. The company reported $0.26 EPS for the quarter, missing the Zacks’ consensus estimate of $0.27 by $0.01. Equities research analysts expect that Monarch Casino & Resort Inc. will post $1.29 EPS for the current fiscal year.

Several large investors have made changes to their positions in MCRI. EAM Investors LLC acquired a new stake in shares of Monarch Casino & Resort during the fourth quarter worth approximately $1,061,000. Oxford Asset Management acquired a new stake in shares of Monarch Casino & Resort during the fourth quarter worth approximately $1,102,000. Finally, Russell Frank Co increased its stake in shares of Monarch Casino & Resort by 22.4% in the fourth quarter. Russell Frank Co now owns 66,515 shares of the company’s stock worth $1,536,000 after buying an additional 12,170 shares in the last quarter.

Monarch Casino & Resort, Inc (Monarch), through its subsidiary, owns and operates the Atlantis Casino Resort Spa (the Atlantis), a hotel/casino facility in Reno, Nevada. The Company also owns and operates Monarch Casino Black Hawk. The Company’s operating segments include Atlantis and Monarch Casino Black Hawk.

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