We Analyzed the Future Direction of Golden Nugget Online Gaming Inc. (GNOG), Here is What We Found

Share on facebook
Share on twitter
Share on linkedin
Share on whatsapp

Golden Nugget Online Gaming Inc. (NASDAQ:GNOG) went up by 12.26% from its latest closing price compared to the recent 1-year high of $27.18. The company’s stock price has collected 20.75% of gains in the last five trading sessions. Press Release reported 14 hours ago that Thinking about buying stock in Phunware, Broadwind, Seelos Therapeutics, Golden Nugget Online Gaming, or Heron Therapeutics?

Get the hottest stocks to trade every day before the market opens 100% free. Click here now.

Is It Worth Investing in Golden Nugget Online Gaming Inc. (NASDAQ :GNOG) Right Now?

Opinions of the stock are interesting as 3 analysts out of 3 who provided ratings for Golden Nugget Online Gaming Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”


The 2021 Backdoor Crypto Portfolio (free)

Even if you’re not actively in crypto, you deserve to know what’s actually going on...

Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.

Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free.

Sponsored



The average price from analysts is $25.33, which is $8.52 above the current price. Today, the average trading volume of GNOG was 2.38M shares.

GNOG’s Market Performance

GNOG stocks went up by 20.75% for the week, with a monthly jump of 14.45% and a quarterly performance of -19.25%, while its annual performance rate touched 55.27%. The volatility ratio for the week stands at 6.36% while the volatility levels for the past 30 days are set at 7.47% for Golden Nugget Online Gaming Inc.. The simple moving average for the period of the last 20 days is 1.64% for GNOG stocks with a simple moving average of -3.13% for the last 200 days.

Analysts’ Opinion of GNOG

Many brokerage firms have already submitted their reports for GNOG stocks, with Jefferies repeating the rating for GNOG by listing it as a “Buy.” The predicted price for GNOG in the upcoming period, according to Jefferies is $28 based on the research report published on April 06th of the current year 2021.

The Benchmark Company, on the other hand, stated in their research note that they expect to see GNOG reach a price target of $27. The rating they have provided for GNOG stocks is “Buy” according to the report published on January 13th, 2021.

GNOG Trading at -5.96% from the 50-Day Moving Average

After a stumble in the market that brought GNOG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -43.04% of loss for the given period.

Volatility was left at 7.47%, however, over the last 30 days, the volatility rate increased by 6.36%, as shares surge +13.99% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -25.18% lower at present.

During the last 5 trading sessions, GNOG rose by +20.75%, which changed the moving average for the period of 200-days by +53.57% in comparison to the 20-day moving average, which settled at $15.32. In addition, Golden Nugget Online Gaming Inc. saw -21.42% in overturn over a single year, with a tendency to cut further losses.

Get the hottest stocks to trade every day before the market opens 100% free. Click here now.

Sign up for our FREE Newsletter and get:

Leave a Comment

Your email address will not be published. Required fields are marked *

Sign up for our FREE Newsletter and get:

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

We do not sell or share your information with anyone.

Get Best Morning Financial Newsletter... 100% Free

Best stocks ideas

Analysts’ Upgrades & Downgrades

Important Earnings

Insider Watchlist

We do not sell or share your information with anyone.

Get The Best Stocks To Trade Every Day!...100% Free

We do not sell or share your information with anyone.