Casino Stocks Worth Watching – November 7th

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, resorts, or other gambling businesses. For investors, they offer exposure to the gaming industry but can be affected by consumer spending, tourism, regulation, and competition. 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.

DKNG traded down $5.01 on Friday, hitting $18.51. 69,879,748 shares of the company were exchanged, compared to its average volume of 11,890,465. The firm has a fifty day simple moving average of $21.51 and a two-hundred day simple moving average of $24.06. The company has a debt-to-equity ratio of 3.22, a quick ratio of 1.02 and a current ratio of 1.02. DraftKings has a 12 month low of $16.55 and a 12 month high of $36.98. The stock has a market capitalization of $9.19 billion, a PE ratio of -23.14, a price-to-earnings-growth ratio of 2.86 and a beta of 1.65.

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.

MGM Resorts International stock traded down $0.26 during trading hours on Friday, reaching $32.28. The company had a trading volume of 4,741,805 shares, compared to its average volume of 5,662,068. The company has a debt-to-equity ratio of 1.68, a current ratio of 1.24 and a quick ratio of 1.20. MGM Resorts International has a 12-month low of $26.71 and a 12-month high of $51.59. The company has a 50-day moving average price of $33.63 and a 200 day moving average price of $38.93. The firm has a market cap of $8.17 billion, a price-to-earnings ratio of 12.27, a P/E/G ratio of 1.82 and a beta of 1.34.

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 up $0.09 during trading on Friday, reaching $17.43. 4,343,204 shares of the company traded hands, compared to its average volume of 2,922,435. The firm has a market capitalization of $2.34 billion, a price-to-earnings ratio of -193.65, a P/E/G ratio of 0.44 and a beta of 1.40. PENN Entertainment has a 52-week low of $11.65 and a 52-week high of $22.36. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 3.79. The business’s fifty day moving average is $16.01 and its 200-day moving average is $16.86.

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.

Shares of NYSE RSI traded up $0.35 during mid-day trading on Friday, hitting $12.26. The stock had a trading volume of 4,998,501 shares, compared to its average volume of 4,352,530. Rush Street Interactive has a 1 year low of $11.27 and a 1 year high of $34.53. The business has a 50 day moving average price of $20.11 and a two-hundred day moving average price of $23.56. The firm has a market cap of $2.84 billion, a P/E ratio of 37.14 and a beta of 1.80.

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.

NASDAQ:RRR traded up $0.26 during midday trading on Friday, reaching $48.22. 957,459 shares of the stock traded hands, compared to its average volume of 727,304. The company has a fifty day moving average of $51.53 and a 200 day moving average of $57.85. Red Rock Resorts has a 12 month low of $46.29 and a 12 month high of $68.99. The company has a debt-to-equity ratio of 12.33, a quick ratio of 0.63 and a current ratio of 0.68. The stock has a market capitalization of $5.06 billion, a P/E ratio of 24.35, a PEG ratio of 4.25 and a beta of 1.42.

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 $0.22 during trading on Friday, hitting $11.34. 2,577,100 shares of the stock traded hands, compared to its average volume of 2,920,884. The firm has a market capitalization of $5.74 billion, a P/E ratio of 13.95 and a beta of 1.09. Super Group has a 12-month low of $8.46 and a 12-month high of $15.86. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.83 and a quick ratio of 1.83. The firm has a 50-day moving average of $12.01 and a 200 day moving average of $12.17.

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.

Shares of Melco Resorts & Entertainment stock traded down $0.05 during trading on Friday, reaching $4.51. 1,959,752 shares of the stock were exchanged, compared to its average volume of 1,943,094. The stock’s fifty day moving average is $4.47 and its 200 day moving average is $5.35. The firm has a market cap of $1.71 billion, a price-to-earnings ratio of 11.00, a price-to-earnings-growth ratio of 3.17 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.