Recent exceptional negative changes in investment behavior have affected PENN Entertainment Inc (NASDAQ: PENN): the stock’s recent price decline challenged its longer term uptrend, its shorter term price trend turned down, and the stock fell on very heavy volume.
Recent notable negative changes in fundamentals have affected PENN Entertainment Inc (NASDAQ: PENN): significant quarterly sales deceleration occurred, and significant quarterly earnings deceleration occurred.
In light of these highly negative signals we are reviewing our current Overall Rating of B. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
PENN Entertainment has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. PENN Entertainment has a neutral Power Rating of 59 but a good Appreciation Score of 71, resulting in the Positive Value Trend Rating.
Recent Price Action
PENN Entertainment Inc (NASDAQ: PENN) stock declined by -3.7% on 1/8/25. The shares closed at $18.29. Moreover, exceptionally high trading volume at 214% of normal accompanied the decline. The stock has been strong relative to the market over the last nine months but has declined -2.3% during the last week.
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