Still Favorites After Pullback – Penn National Gaming, Inc. (PENN) and Telefonica, S.A. (TEF)

NAPLES RONALD J, Director, bought 1,000 shares of the Penn National Gaming, Inc. (NASDAQ:PENN) in an exchange that happened on December 10th. The stock was bought at an average price of $22.72 per share, amounting to a transaction worth $22,720. The purchase was made public in a document filed with the SEC. Additionally, Director NAPLES RONALD J bought 500 shares of this stock in a transaction that took place on December 4th. The stock was bought at an average price of $22.13 per share, for a total exchange amounting to $11,065. After the transaction, the Director NAPLES RONALD J currently holds 2,000 shares of the company’s stock, which is worth approximately $42440.

With this stock price’s latest movement, it is now -42.49% away from its 1-year high and 22.66% higher than its 1-year low price. In the past seven days, the stock price volatility for Penn National Gaming, Inc. was 2.21%, whereas its volatility in the past 30 days has been 2.78%. This public company’s stock also has a beta score of 1.85. When the beta value is less/more than 1, it can imply that the stock is less/more volatile than the wider stock market – a metric that traders will surely be keeping tabs on.

Penn National Gaming, Inc. (NASDAQ:PENN) most recently published its quarterly earnings results. The firm posted -$0.37 earnings per share (EPS) for the three-month period, missing analysts’ consensus estimate of -$0.36 by $0.01. The publicly-traded organization reported revenue of $1,155.27 million for the quarter, compared to the average analyst forecast calling for $1,155.88 million, which was missing the analyst consensus estimate.

Shares of Penn National Gaming, Inc. (PENN) surged 0.62%, amounting to a gain of $0.13 per share, to finish the regular trading session at $21.22 on Friday April 12th, 2019. After beginning the session at $21.12, shares of Penn National Gaming, Inc. reached as high as $21.49 during the day, while hitting a 1-day low of $21.09. Trade volume reached 1,452,018 shares against this stock’s average daily volume of 1.68M shares, with a total float of 109.39M. As a consequence of the price increase, Penn National Gaming, Inc. now has a current market value of 2.42B.

Telefonica, S.A. (NYSE:TEF) added 0.24% to its trading price by the close of the most recent session, jumping from its previous closing price of $8.39 to $8.41. This stock decreased in value by -0.47% during the last 7-day period, and experienced a loss of -2.77% over the past 30-day period. In the past three months, this stock’s price lost by -4.32% , and added 3.57% to its price during the last six months of trading. TEF demonstrated a yearly price loss of -16.24% , while its year-to-date (YTD) price performance has been down -0.59% . This stock’s price changed by +1.94% compared to its 90-day low, and moved down -6.66% comparing to its 90-day high price.

Have a quick look on short, medium and long-term indicators. According to the Composite Indicator, Trendspotter rated the TEF stock as “Sell”. In the short-term, Telefonica, S.A. (TEF) has a 20-day average volume of 1,678,120 shares and short-term indicators sets the TEF stock as “ 20% Sell ” on average basis. In the medium-term, TEF stock has a 50-Day average volume of 1,493,298 shares and medium-term indicators gave the average rating of “ 75% Sell ”, while in the long-term period the stock has a 100-Day average volume of 1,719,793 shares. On average, long-term indicators rated the stock as “67% Sell ”. The overall picture from all short, medium and long-term indicators sets the TEF stock as “56% Sell ” on average basis.

Recently, multiple brokerages have sent out reports on TEF. Macquarie, for example, Downgrade its rating on shares of Telefonica, S.A. from “Outperform ” to a “ Neutral”according to a research note from Wednesday March 20th, 2019. while giving the stock a “ Hold” from “Buy ” rating, as stated in a research report from Tuesday, March 12th, 2019. JP Morgan, on the other hand, Downgrade a from “Neutral ” to “ Underweight” rating on this stock in a research note dated Tuesday, September 11th, 2018.

In other news related to Telefonica, S.A. stock, Age shares of TEF held by institutions. The total number of institutions who held the TEF shares was 55, according to most recent SEC filling. During the past quarter, total 54 shares held by institutions with the net change of 66 shares. In the meantime, 76 new institutions bought the shares of Telefonica, S.A. for the first time and institutions sold all their holdings in the company’s common stock. institutions increased their investment in the TEF stock and institutions decreased their investment in the Telefonica, S.A. (TEF)’s stock during the last quarter.