Monarch Casino & Resort Inc. (MCRI) is Trading Lower on Unusual Volume for December 21

Equities Staff |

Monarch Casino & Resort Inc. (MCRI) experienced unusually high volume on Dec. 21, as the stock lost 1.66% to a closing price of $21.92. The stock saw 252,297 shares trade hands over the course of the day on 442 trades. Given that the stock’s average daily volume over the last month has been 56,660 shares a day, this represents a pretty substantial spike over the norm.

Monarch Casino & Resort Inc. has a P/B ratio of 1.9. It also has a P/E ratio of 19.6. The stock has traded between $22.84 and $15.33 over the last 52-weeks, its 50-day SMA is now $21.35, and its 200-day SMA $19.66.

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.

Headquartered in Reno, NV, Monarch Casino & Resort Inc. has 2,100 employees and is currently under the leadership of CEO 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.

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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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