Monarch Casino & Resort Inc. (NASDAQ:MCRI) shares reached a new 52-week high on Wednesday . The stock traded as high as $24.27 and last traded at $24.16, with a volume of 25,950 shares traded. The stock had previously closed at $23.92.

The stock has a market cap of $419.05 million and a PE ratio of 19.53. The firm has a 50-day moving average of $23.11 and a 200-day moving average of $20.88.

Monarch Casino & Resort (NASDAQ:MCRI) last released its quarterly earnings data on Wednesday, July 20th. The company reported $0.32 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.34 by $0.02. On average, equities analysts forecast that Monarch Casino & Resort Inc. will post $1.30 earnings per share for the current fiscal year.

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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