Golden Entertainment Inc. (NASDAQ:GDEN) went down by -2.52% during the previous trading session, and it is maintaining the win ahead of Thursday’s trading session. The share price of the Resorts & Casinos giant went up by $8.12 to trade ended Thursday trading at $8.33. This is down from the $8.33 price recorded on Wednesday’s trading session. Thanks to this latest performance, GDEN is closer to the higher price 52-week target of $18.00 and further from the lowest price target of $11.00. Its performance from the start of the year has also been negative, with GDEN down by -57.75% year-to-date.
Golden Entertainment Inc. (GDEN) started the day trading at $8.31 and recorded an intraday high of $8.37. It also recorded an intraday low of $7.8501 during Thursday’s trading session. Golden Entertainment Inc. is a very active stock that recorded a trading volume that is less than -6.91% of the average daily trading volume on Thursday. The stock’s trading volume on Thursday was 422064, which is less than -6.91 of the total average daily trading volume of 451.22K.
Golden Entertainment Inc. (NASDAQ:GDEN) 2020 Performance Impressive
The increase in GDEN’s stock price on Thursday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of GDEN currently stands at $21.67, which is higher than the current trading price of the stock by 62.53%. However, GDEN’s current trading price is -128.73% lower than the 52-week low price of $3.55. In terms of trading volume, Golden Entertainment Inc. currently experienced healthy participation during the last trading session. 422064 shares of Golden Entertainment Inc. were traded on the stock exchange on Thursday, which is less than -6.91% of the 451.22K average trading volume of the stock.
The performance of the stock has been positive over the past year. GDEN’s performance over the past one year has seen it plunge by -44.00%, while the stock has gone down by -57.00% in the last six months. The quarterly performance of GDEN currently stands at 28.89%, and it is down by -40.32% in the last month. The only negative figure was from the weekly performance, which currently reads -11.98%. At the time of writing GDEN’s report, the company has a total market cap of $230.20M, making it one of the largest publicly-traded companies in the world.Golden Entertainment Inc. also has over 8000 employees all over the world.
GDEN Insider Activities
For Golden Entertainment Inc., insiders hold 44.90% of all company shares. The insider transactions over the past six months are up by 6.20%. During that period, insiders bought 553,244 shares in 20 transactions. In that same period, insiders sold 31,256 of their shares in 6 transactions. After these transactions, insiders at Golden Entertainment Inc. now hold 10.42M shares, which is over 47.73% of the total company stocks. Institutional investors currently hold a large chunk of the GDEN shares, as they control 37.14% of the company’s total stock.
GDEN Fundamental Analysis
For Golden Entertainment Inc., the stock’s diluted earnings per share (EPS) stands at -2.30. In the coming year, analysts expect the EPS to be -1.83. The EPS growth will up over the next five years to 15.00% after surging by 5.20% in the previous five years. In terms of revenue, Golden Entertainment Inc.’s quarterly sales (YOY) is shrinking at -2.03, which is lower than the average annual revenue of 5.20% over the past half a decade.
The Return on Investment (ROI) on Golden Entertainment Inc.’s stock currently stands at 2.70%, and it has a net profit margin of -6.80%. The operating margin of the company is 1.20%, and its gross margin is 39.50%.
GDEN Analysts Prediction
Another analyst that has a Outperform rating for GDEN is Telsey Advisory Group, which set a price target of between $36 and $24. Telsey Advisory Group reiterate their Outperform position on the stock ($32 and $36)
At the moment, Golden Entertainment Inc.’s Total Debt to Equity ratio stands at 5.17, and they have a long-term Debt to Equity ratio of 5.14.
GDEN Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of GDEN currently stands at -17.31%, while the SMA50 is -19.77%. The biggest one is the SMA200, which is currently reading -39.94% ahead of Thursday’s trading session. The Relative Strength Index of this stock is 38.24.