Monarch Casino & Resort Inc. (MCRI) Sets New 52-Week High at $24.02
Shares of Monarch Casino & Resort Inc. (NASDAQ:MCRI) hit a new 52-week high on Monday . The stock traded as high as $24.02 and last traded at $23.51, with a volume of 113,598 shares. The stock had previously closed at $23.36.
The firm has a market cap of $406.18 million and a P/E ratio of 19.50. The firm has a 50 day moving average of $22.01 and a 200 day moving average of $20.47.
Monarch Casino & Resort (NASDAQ:MCRI) last announced its quarterly earnings results 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 analysts forecast that Monarch Casino & Resort Inc. will post $1.29 EPS for the current year.
Several hedge funds recently bought and sold shares of the stock. EAM Investors LLC bought a new stake in Monarch Casino & Resort during the fourth quarter valued at $1,061,000. Oxford Asset Management bought a new stake in Monarch Casino & Resort during the fourth quarter valued at $1,102,000. Finally, Russell Frank Co boosted its stake in Monarch Casino & Resort by 22.4% in the fourth quarter. Russell Frank Co now owns 66,515 shares of the company’s stock valued at $1,536,000 after buying an additional 12,170 shares during the period.
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.
Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.