Monarch Casino & Resort Inc. (MCRI) is Trading Lower on Unusual Volume for January 01

Equities Staff |

Monarch Casino & Resort Inc. (MCRI) experienced unusually high volume on Jan. 01, as the stock lost 1.6% to a closing price of $22.72. The stock saw 139,741 shares trade hands over the course of the day on 984 trades. Given that the stock’s average daily volume over the last month has been 61,485 shares a day, this represents a pretty substantial spike over the norm.

Monarch Casino & Resort Inc. has a P/B ratio of 1.97. It also has a P/E ratio of 20.3. The stock has traded between $23.54 and $15.59 over the last 52-weeks, its 50-day SMA is now $22.14, and its 200-day SMA $19.85.

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’s Stock Valuation Analysis report for MCRI. To see the latest independent stock recommendations from’s analysts, visit our Research section.


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

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:


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