Shares of Caesars Entertainment Corporation (NASDAQ:CZR) appreciated by 9.66% during the past week but lost 14.71% on a 4-week basis. The shares have outperformed the S&P 500 by 6.21% in the past week but underperformed the index by 16.99% in the last 4 weeks.
Caesars Entertainment Corporation (NASDAQ:CZR) rose 0.63% or 0.05 points on Friday and made its way into the gainers of the day. After trading began at $8 the stock was seen hitting $8.1 as a peak level and $7.51 as the lowest level. The stock ended up at $8. The daily volume was measured at 636,306 shares. The 52-week high of the share price is $17.39 and the 52-week low is $3.3. The company has a market cap of $1,160 million.
Caesars Entertainment Corporation is up 17.82% in the last 3-month period. Year-to-Date the stock performance stands at -49.01%.On a different note, The Company has disclosed insider buying and selling activities to the Securities Exchange, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director officer (Chief Exec Officer Designate) of Caesars Entertainment Corp, Frissora Mark P, had purchased 101,900 shares in a transaction dated on May 21, 2015. The transaction was executed at $10.04 per share with total amount equaling $1,023,076.
Caesars Entertainment Corporation (NASDAQ:CZR) stock has received a short term price target of $ 10.5 from 2 Analyst. The share price can be expected to fluctuate from the mean short term target, can be seen from the standard deviation reading of $0.71. The higher estimate of target price is $11 , while the lower price target estimate is $10
The company shares have dropped -6.87% from its 1 Year high price. On Nov 26, 2014, the shares registered one year high at $17.39 and the one year low was seen on Jul 22, 2015. The 50-Day Moving Average price is $8.45 and the 200 Day Moving Average price is recorded at $8.24.
Caesars Entertainment Corporation, is a diversified casino-entertainment provider. The Companys business is primarily conducted through a wholly owned subsidiary, Caesars Entertainment Operating Company, Inc. (CEOC), although certain material properties are not owned by CEOC. As of December 31, 2012, it owned, operated, or managed, through various subsidiaries, 52 casinos in 13 United States states and seven countries. The majority of these casinos operate in the United States, primarily under the Caesars, Harrahs, and Horseshoe brand names, and in England. In November 2012, the Company sold its Harrahs St. Louis casino to Penn National Gaming, Inc. In December 2012, the Company purchased all of the net assets of Buffalo Studios, LLC, a social and mobile games developer and owner of Bingo Blitz. In May 2014, Caesars Entertainment and Caesars Acquisition Company completed the sale of Harrahs New Orleans to Caesars Growth Partners.
