Promising Casino Stocks To Follow Today – February 09th

DraftKings, Flutter Entertainment, and Wynn Resorts are the three Casino stocks to watch today, according to MarketBeat’s stock screener tool. Casino stocks refer to publicly traded companies that own and operate casinos and other gambling-related businesses. Investors can buy shares in these companies to gain exposure to the gaming industry, with potential returns influenced by factors such as revenue from gambling activities, economic conditions, and regulatory changes. These companies had the highest dollar trading volume of any Casino stocks within the last several days.

DraftKings (DKNG)

DraftKings Inc. operates as a digital sports entertainment and gaming company in the United States and internationally. It provides online sports betting and casino, daily fantasy sports, media, and other consumer products, as well as retails sportsbooks. The company also engages in the design and development of sports betting and casino gaming software for online and retail sportsbooks, and iGaming operators.

Shares of DraftKings stock traded down $0.16 during trading hours on Friday, reaching $42.28. 6,553,591 shares of the company’s stock were exchanged, compared to its average volume of 6,943,352. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 1.17. The company has a 50 day moving average of $40.35 and a two-hundred day moving average of $38.40. The stock has a market cap of $20.62 billion, a P/E ratio of -48.04, a P/E/G ratio of 3.18 and a beta of 1.93. DraftKings has a fifty-two week low of $28.69 and a fifty-two week high of $49.57.

Flutter Entertainment (FLUT)

Flutter Entertainment plc operates as a sports betting and gaming company in the United Kingdom, Ireland, Australia, the United States, Italy, and internationally. The company operates through four segments: UK & Ireland, Australia, International, and US. It offers sports betting, iGaming, daily fantasy sports, online racing wagering, and TV broadcasting products; sportsbooks and exchange sports betting products, and gaming products; and online sports betting.

FLUT traded up $2.35 on Friday, hitting $268.47. 846,301 shares of the company were exchanged, compared to its average volume of 1,121,716. The stock’s fifty day moving average is $265.54 and its 200-day moving average is $240.05. Flutter Entertainment has a 12 month low of $174.03 and a 12 month high of $284.79. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.89 and a current ratio of 0.89.

Wynn Resorts (WYNN)

Wynn Resorts, Limited designs, develops, and operates integrated resorts. The company operates through four segments: Wynn Palace, Wynn Macau, Las Vegas Operations, and Encore Boston Harbor. The Wynn Palace segment operates private gaming salons and sky casinos; a luxury hotel tower with suites, and villas, including a health club, spa, salon, and pool; food and beverage outlets; retail space; meeting and convention space; and performance lake and floral art displays.

Shares of NASDAQ:WYNN traded down $0.07 during trading on Friday, hitting $80.58. 2,253,480 shares of the company were exchanged, compared to its average volume of 2,352,991. The stock has a market cap of $8.85 billion, a price-to-earnings ratio of 9.94, a P/E/G ratio of 2.32 and a beta of 1.76. Wynn Resorts has a fifty-two week low of $71.63 and a fifty-two week high of $110.38. The firm has a fifty day moving average price of $87.06 and a two-hundred day moving average price of $86.89.