Caesars Entertainment Inc. (NASDAQ:CZR) went down by -3.24% from its latest closing price compared to the recent 1-year high of $80.69. The company’s stock price has collected 0.37% of gains in the last five trading sessions. Press Release reported 12 hours ago that Silver Legacy Resort Casino at THE ROW Reno Unveils Plans for Its Over $47 Million Room Remodel
Is It Worth Investing in Caesars Entertainment Inc. (NASDAQ :CZR) Right Now?
Plus, the 36-month beta value for CZR is at 3.19. Opinions of the stock are interesting as 10 analysts out of 14 who provided ratings for Caesars Entertainment Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 3 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $84.46, which is $8.48 above the current price. CZR currently public float of 198.56M and currently shorts hold a 5.90% ratio of that float. Today, the average trading volume of CZR was 2.82M shares.
CZR’s Market Performance
CZR stocks went up by 0.37% for the week, with a monthly jump of 9.47% and a quarterly performance of 38.00%, while its annual performance rate touched 29.76%. The volatility ratio for the week stands at 3.73% while the volatility levels for the past 30 days are set at 4.02% for Caesars Entertainment Inc.. The simple moving average for the period of the last 20 days is 1.50% for CZR stocks with a simple moving average of 67.54% 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 $80 based on the research report published on December 11th of the previous year 2020.
Loop Capital, on the other hand, stated in their research note that they expect to see CZR reach a price target of $82. The rating they have provided for CZR stocks is “Buy” according to the report published on December 11th, 2020.
Morgan Stanley gave a rating of “Equal-Weight” to CZR, setting the target price at $67 in the report published on November 25th of the previous year.
CZR Trading at 11.69% 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 -5.17% of loss for the given period.
Volatility was left at 4.02%, however, over the last 30 days, the volatility rate increased by 3.73%, as shares surge +6.56% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +70.73% upper at present.
During the last 5 trading sessions, CZR rose by +0.37%, which changed the moving average for the period of 200-days by +535.02% in comparison to the 20-day moving average, which settled at $75.63. In addition, Caesars Entertainment Inc. saw 3.03% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at CZR starting from KORNSTEIN DON R, who sale 1,500 shares at the price of $77.25 back on Dec 17. After this action, KORNSTEIN DON R now owns 22,721 shares of Caesars Entertainment Inc., valued at $115,875 using the latest closing price.
KORNSTEIN DON R, the Director of Caesars Entertainment Inc., sale 9,004 shares at $73.47 during a trade that took place back on Dec 15, which means that KORNSTEIN DON R is holding 24,221 shares at $661,546 based on the most recent closing price.
Stock Fundamentals for CZR
Equity return is now at value -78.20, with -10.20 for asset returns.