Monarch Casino & Resort Inc. (MCRI) was among the biggest gainers on the Russell 2000 for Tuesday January 26 as the stock popped 5.33% to $20.56, representing a gain of $1.04 per share. Some 31,680 shares traded hands on 432 trades, compared with an average daily volume of 62,588 shares out of a total float of 16.98 million. The stock opened at $19.66 and traded with an intraday range of $20.86 to $19.66.
After today's gains, Monarch Casino & Resort Inc. reached a market cap of $349.14 million. Monarch Casino & Resort Inc. has had a trading range between $23.54 and $15.93 over the last year, and it had a 50-day SMA of $22.02 and a 200-day SMA of $20.03.
The stock has a P/E Ratio of 17.4.
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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