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Penn National Gaming, Inc. (NASDAQ:PENN) was a big mover last session, as the company saw its shares rises more than 10% on the day. The move came on solid volume with far more shares changing hands than in a normal session. This reverses the recent trend for the company, as the stock is now down 54.6% in the past one-month time frame.
The company has seen one negative estimate revision in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few weeks, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.
Penn National currently carries a Zacks Rank #3 (Hold) while its Earnings ESP is negative.
Penn National Gaming, Inc. Price
A better-ranked stock in Gaming industry is Super League Gaming, Inc. (NASDAQ:SLGG) , which currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 (Strong Buy) Rank stocks here.
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