Is Caesars Entertainment Inc. (CZR) a Keeper?

Caesars Entertainment Inc. (NASDAQ:CZR) went up by 1.86% from its latest closing price compared to the recent 1-year high of $70.74. The company’s stock price has collected 8.00% of gains in the last five trading sessions. Barron’s reported 12 hours ago that What the Philadelphia Eagles Deal Means for DraftKings Stock

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Is It Worth Investing in Caesars Entertainment Inc. (NASDAQ :CZR) Right Now?

Plus, the 36-month beta value for CZR is at 2.69. Opinions of the stock are interesting as 10 analysts out of 12 who provided ratings for Caesars Entertainment Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 2 rated it as “hold,” and 0 as “sell.”


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The average price from analysts is $68.18, which is $3.13 above the current price. CZR currently public float of 160.64M and currently shorts hold a 8.06% ratio of that float. Today, the average trading volume of CZR was 6.74M shares.

CZR’s Market Performance

CZR stocks went up by 8.00% for the week, with a monthly jump of 21.85% and a quarterly performance of 38.59%, while its annual performance rate touched 43.32%. The volatility ratio for the week stands at 6.43% while the volatility levels for the past 30 days are set at 6.74% for Caesars Entertainment Inc.. The simple moving average for the period of the last 20 days is 6.21% for CZR stocks with a simple moving average of 41.01% for the last 200 days.

Analysts’ Opinion of CZR

Many brokerage firms have already submitted their reports for CZR stocks, with Goldman repeating the rating for CZR by listing it as a “Neutral.” The predicted price for CZR in the upcoming period, according to Goldman is $56 based on the research report published on September 14th of the current year 2020.

Wolfe Research gave a rating of “Outperform” to CZR, setting the target price at $63 in the report published on July 21st of the current year.

CZR Trading at 26.61% from the 50-Day Moving Average

After a stumble in the market that brought CZR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -19.28% of loss for the given period.

Volatility was left at 6.74%, however, over the last 30 days, the volatility rate increased by 6.43%, as shares surge +17.32% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +49.32% upper at present.

During the last 5 trading sessions, CZR rose by +8.00%, which changed the moving average for the period of 200-days by +2.51% in comparison to the 20-day moving average, which settled at $54.18. In addition, Caesars Entertainment Inc. saw -4.26% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at CZR starting from Benninger Thomas M., who sale 9,000 shares at the price of $13.10 back on Nov 25. After this action, Benninger Thomas M. now owns 32,000 shares of Caesars Entertainment Inc., valued at $117,900 using the latest closing price.

Broome Richard D, the EVP Communications-Gov Rltns of Caesars Entertainment Inc., sale 118,668 shares at $13.02 during a trade that took place back on Nov 21, which means that Broome Richard D is holding 131,883 shares at $1,545,212 based on the most recent closing price.

Stock Fundamentals for CZR

Equity return is now at value 7.60, with 1.40 for asset returns.

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