Zacks Investment Research downgraded Pinnacle Entertainment Inc (NASDAQ:PNK) to Strong Sell in a report released today.
- Updated: October 15, 2016
Just yesterday Pinnacle Entertainment Inc (NASDAQ:PNK) traded 0.24% higher at $12.66. Pinnacle Entertainment Inc’s 50-day moving average is $12.13 and its 200-day moving average is $11.35. The last closing price is up 12.38% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 392,803 shares of PNK traded hands, down from an average trading volume of 720,317
Zacks Investment Research has downgraded Pinnacle Entertainment Inc (NASDAQ:PNK) to Strong Sell in a report released on 10/12/2016.
Recent Performance Chart
Pinnacle Entertainment Inc has 52 week low of $9.72 and a 52 week high of $12.93 and has a market capitalization of $0.
In addition to Zacks Investment Research reporting its stock price target, a total of 2 brokers have issued a research note on the company. The average stock price target is $28.00 with 0 brokers rating the stock a strong buy, 4 brokers rating the stock a buy, 5 brokers rating the stock a hold, 1 broker rating the stock a underperform, and finally 0 brokers rating the stock a sell.
Brief Synopsis On Pinnacle Entertainment Inc (NASDAQ:PNK)
Pinnacle Entertainment, Inc. is an owner, operator and developer of casinos and related hospitality and entertainment facilities. The Company operates through three segments: Midwest, South and West. The properties in the Company's Midwest segment include Ameristar Council Bluffs, Ameristar East Chicago, Ameristar Kansas City, Ameristar St. Charles, Belterra, River City and Belterra Park. The properties in the Company's South segment include Ameristar Vicksburg, Boomtown Bossier City, Boomtown New Orleans, L'Auberge Baton Rouge and L'Auberge Lake Charles. The properties in the Company's West segment include Ameristar Black Hawk, and Cactus Petes and Horseshu. The Company owns and operates approximately 20 gaming entertainment properties in Colorado, Indiana, Iowa, Louisiana, Mississippi, Missouri, Nevada and Ohio. It also holds interest in the racing license owner.
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