Casino Stocks To Follow Now – November 6th

DraftKings, MGM Resorts International, PENN Entertainment, Rush Street Interactive, Red Rock Resorts, Super Group (SGHC), and Melco Resorts & Entertainment are the seven Casino stocks to watch today, according to MarketBeat’s stock screener tool. Casino stocks are shares of publicly traded companies that own or operate casinos, gambling resorts, or online betting and gaming businesses. Their performance can be influenced by consumer spending, tourism, regulation, and gambling trends. These companies had the highest dollar trading volume of any Casino stocks within the last several days.

DraftKings (DKNG)

DraftKings Inc. operates as a digital sports entertainment and gaming company in the United States and internationally. It provides online sports betting and casino, daily fantasy sports, media, and other consumer products, as well as retails sportsbooks. The company also engages in the design and development of sports betting and casino gaming software for online and retail sportsbooks, and iGaming operators.

NASDAQ DKNG traded down $6.17 on Friday, hitting $17.35. 31,146,138 shares of the company’s stock traded hands, compared to its average volume of 13,584,757. The firm’s 50-day moving average price is $21.62 and its two-hundred day moving average price is $24.13. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 3.22. The firm has a market capitalization of $8.61 billion, a PE ratio of -45.68, a P/E/G ratio of 3.03 and a beta of 1.65. DraftKings has a 1-year low of $16.55 and a 1-year high of $36.98.

MGM Resorts International (MGM)

MGM Resorts International, through its subsidiaries, owns and operates casino, hotel, and entertainment resorts in the United States and internationally. The company operates through three segments: Las Vegas Strip Resorts, Regional Operations, and MGM China. Its casino resorts offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities.

Shares of NYSE:MGM traded down $0.44 during trading on Friday, reaching $32.10. 959,073 shares of the company’s stock traded hands, compared to its average volume of 4,474,685. The company has a 50-day simple moving average of $33.84 and a 200-day simple moving average of $38.94. MGM Resorts International has a fifty-two week low of $26.71 and a fifty-two week high of $51.59. The firm has a market cap of $8.12 billion, a PE ratio of 12.20, a P/E/G ratio of 1.95 and a beta of 1.34. The company has a quick ratio of 1.20, a current ratio of 1.24 and a debt-to-equity ratio of 1.68.

PENN Entertainment (PENN)

PENN Entertainment, Inc., together with its subsidiaries, provides integrated entertainment, sports content, and casino gaming experiences. The company operates through five segments: Northeast, South, West, Midwest, and Interactive. It operates online sports betting in various jurisdictions; and iCasino under Hollywood Casino, L'Auberge, ESPN BET, and theScore Bet Sportsbook and Casino brands.

Shares of NASDAQ PENN traded down $0.21 during mid-day trading on Friday, reaching $17.13. The company’s stock had a trading volume of 1,256,162 shares, compared to its average volume of 3,677,229. The company has a debt-to-equity ratio of 3.79, a quick ratio of 0.89 and a current ratio of 0.89. PENN Entertainment has a 1-year low of $11.65 and a 1-year high of $22.36. The stock has a 50-day moving average of $16.01 and a two-hundred day moving average of $16.84. The stock has a market capitalization of $2.30 billion, a P/E ratio of -2.69, a P/E/G ratio of 0.45 and a beta of 1.40.

Rush Street Interactive (RSI)

Rush Street Interactive, Inc. operates as an online casino and sports betting company in the United States, Canada, Mexico, and rest of Latin America. It provides real-money online casino, online and retail sports betting, and social gaming services. In addition, the company offers full suite of games comprising of bricks-and-mortar casinos, table games, and slot machines.

RSI traded up $0.07 on Friday, hitting $11.97. The company had a trading volume of 1,221,817 shares, compared to its average volume of 2,711,639. The firm has a market cap of $2.77 billion, a P/E ratio of 36.34 and a beta of 1.80. Rush Street Interactive has a 1 year low of $11.27 and a 1 year high of $34.53. The company’s fifty day moving average price is $20.39 and its 200 day moving average price is $23.59.

Red Rock Resorts (RRR)

Red Rock Resorts, Inc., through its interest in Station Casinos LLC, develops and operates casino and entertainment properties in the United States. The company owns and operates gaming and entertainment facilities, including Durango Casino & Resort and smaller casinos in the Las Vegas regional market.

Shares of RRR traded up $0.40 during mid-day trading on Friday, hitting $48.36. 301,976 shares of the company’s stock were exchanged, compared to its average volume of 853,296. Red Rock Resorts has a fifty-two week low of $46.29 and a fifty-two week high of $68.99. The stock’s 50-day moving average is $51.73 and its 200-day moving average is $57.91. The company has a market cap of $5.08 billion, a price-to-earnings ratio of 24.42, a P/E/G ratio of 4.47 and a beta of 1.42. The company has a debt-to-equity ratio of 12.33, a quick ratio of 0.63 and a current ratio of 0.68.

Super Group (SGHC) (SGHC)

Super Group (SGHC) Limited operates as an online sports betting and gaming operator. It offers Betway, an online sports betting brand; and Spin, a multi-brand online casino offering. Super Group (SGHC) Limited is based in Saint Peter Port, Guernsey.

SGHC traded down $0.20 on Friday, hitting $11.37. 491,255 shares of the company were exchanged, compared to its average volume of 3,025,628. The firm has a 50-day moving average price of $12.06 and a two-hundred day moving average price of $12.16. The company has a market cap of $5.75 billion, a price-to-earnings ratio of 13.97 and a beta of 1.09. Super Group has a twelve month low of $8.46 and a twelve month high of $15.86. The company has a current ratio of 2.34, a quick ratio of 1.83 and a debt-to-equity ratio of 0.02.

Melco Resorts & Entertainment (MLCO)

Melco Resorts & Entertainment Limited, through its subsidiaries, develops, owns, and operates casino gaming and entertainment casino resort facilities in Asia. It owns and operates City of Dreams, an integrated casino resort that has 500 gaming tables and 800 gaming machines; approximately 1,400 hotel rooms and suites; a wet stage performance theater with approximately 2,000 seats; approximately 30 restaurants and bars, and 150 retail outlets; and recreation and leisure facilities, including health and fitness clubs, swimming pools, spa and salons, and banquet and meeting facilities.

NASDAQ MLCO traded down $0.04 during trading on Friday, reaching $4.51. 598,189 shares of the company’s stock were exchanged, compared to its average volume of 2,158,387. The company has a 50 day moving average price of $4.49 and a two-hundred day moving average price of $5.36. The stock has a market cap of $1.72 billion, a P/E ratio of 11.01, a price-to-earnings-growth ratio of 3.63 and a beta of 0.49. Melco Resorts & Entertainment has a 1 year low of $3.67 and a 1 year high of $9.53.