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Shares of Penn Natl Gaming Down on Above Average Volume, Moving Against Trend (PENN)

By James Quinn

Penn Natl Gaming's stock is down -0.3% to $18.72 on heavy trading volume. Approximately 9.4 million shares have changed hands today vs. average 30-day volume of 9.0 million shares. Spikes in volume can validate a breakout or signify a potential turning point.

SmarTrend is tracking the current trend status for Penn Natl Gaming and will alert subscribers who have PENN in their portfolio or watchlist when shares have changed trend direction.

Penn Natl Gaming share prices have moved between a 52-week high of $39.18 and a 52-week low of $3.75 and are now trading 398% above that low price at $18.66 per share. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 4.3%.

Keywords: unusual volume penn natl gaming

Ticker(s): PENN