Monarch Casino & Resort Inc. (MCRI) Drops 5.7% on February 05

Equities Staff |

Monarch Casino & Resort Inc. (MCRI) was one of the Russell 2000's biggest losers for Friday February 05 as the stock slid 5.7% to $18.19, a loss of $-1.1 per share. Starting at an opening price of $19.34 a share, the stock traded between $17.94 and $19.34 over the course of the trading day. Volume was 38,895 shares over 374 trades, against an average daily volume of 62,116 shares and a total float of 16.98 million.

The losses send Monarch Casino & Resort Inc. down to a market cap of $308.89 million. In the last year, Monarch Casino & Resort Inc. has traded between $23.54 and $15.93, and its 50-day SMA is currently $21.73 and 200-day SMA is $20.08.

The stock has a P/E Ratio of 18.7.

Monarch Casino & Resort Inc owns and operates the Atlantis Casino Resort Spa, a hotel or casino facility in Reno, Nevada; the Monarch Casino Black Hawk in Black Hawk, Colorado and real estate proximate to the Atlantis and Monarch Casino Black Hawk.

Monarch Casino & Resort Inc. is based out of Reno, NV and has some 2,100 employees. Its CEO is John Farahi.

For a complete fundamental analysis analysis of Monarch Casino & Resort Inc., check out Equities.com’s Stock Valuation Analysis report for MCRI. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

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.

For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

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

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