Boyd Gaming Corporation (BYD) Soars 3.1% on January 20

Equities Staff  |

Boyd Gaming Corporation (BYD) had a good day on the market for Wednesday January 20 as shares jumped 3.1% to close at $49.18. About 1.26 million shares traded hands on 12,587 trades for the day, compared with an average daily volume of n/a shares out of a total float of 111.54 million. After opening the trading day at $48.02, shares of Boyd Gaming Corporation stayed within a range of $49.91 to $47.98.

With today's gains, Boyd Gaming Corporation now has a market cap of $5.49 billion. Shares of Boyd Gaming Corporation have been trading within a range of $50.46 and $6.45 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

Boyd Gaming Corp is a regional casino company focused primarily on serving middle income customers. The company operates 16 casinos in Las Vegas, Atlantic City, Illinois, Indiana, Mississippi and Louisiana. Its Las Vegas casinos, which focus primarily on serving Las Vegas residents due to their off-Strip locations, account for approximately 35% of total revenue. Its more upscale 50% owned Borgata casino in Atlantic City generates approximately 30% of consolidated revenue, while casinos in the Midwest and South represent over 30% of revenue.

Boyd Gaming Corporation is based out of Las Vegas, NV and has some 24,300 employees. Its CEO is Keith E. Smith.

For a complete fundamental analysis of Boyd Gaming Corporation, check out Equities.com’s Stock Valuation Analysis report for BYD.

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Boyd Gaming Corporation is also a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

To get more information on Boyd Gaming Corporation and to follow the company’s latest updates, you can visit the company’s profile page here: BYD’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.



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