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Penn National Gaming (PENN) in Focus: Stock Jumps 5.5%
Penn National Gaming Inc. (PENN - Free Report) was a big mover last session, as the company saw its shares rise above 5% on the day. The upside was driven by the company’s better-than-expected earnings in the second quarter of 2016. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $13.39 to $14.39 in the past one-month time frame.
In the last 30 days, the company has seen two downward estimate revisions but the Zacks Consensus Estimate moved higher, suggesting that more solid trading could be ahead for Penn National Gaming. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
Penn National Gaming currently carries a Zacks Rank #3 (Hold).
PENN NATL GAMNG Price
PENN NATL GAMNG Price | PENN NATL GAMNG Quote
A better-ranked Gaming stock is Isle of Capri Casinos, Inc. , which sports a Zacks Rank #1 (Strong Buy).
Is PENN going up? Or down? Predict to see what others think: Up or Down
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