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Penn National (PENN) Catches Eye: Stock Jumps 8.2%

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Penn National Gaming, Inc. (PENN - Free Report) was a big mover last session, as the company saw its shares rise more than 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $25.18 to $32.27 in the past one-month time frame.

The company has seen a mixed track record when it comes to estimate revisions of two increases and no decrease over the past few weeks, while the Zacks Consensus Estimate for the current quarter has remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Penn National currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.

Penn National Gaming, Inc. Price

Investors interested in the Gaming industry may consider MGM Resorts International (MGM - Free Report) , which has a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Is PENN going up? Or down? Predict to see what others think:Up or Down

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