Overall market sentiment has been high on Caesars Entertainment Inc (CZR) stock lately. CZR receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.
Caesars Entertainment Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on CZR!
What is Stock Sentiment?
Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends.
Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish.
InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion.
For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.
What's Happening With CZR Stock Today?
Caesars Entertainment Inc (CZR) stock has risen 0.34% while the S&P 500 is down -0.68% as of 1:06 PM on Wednesday, Oct 5. CZR has risen $0.13 from the previous closing price of $38.05 on volume of 2,568,134 shares. Over the past year the S&P 500 is lower by -12.44% while CZR is down -67.67%. CZR lost -$6.90 per share in the over the last 12 months.
To see InvestorsObserver's Sentiment Score for Caesars Entertainment Inc click here.
More About Caesars Entertainment Inc
Caesars Entertainment includes around 50 domestic gaming properties across Las Vegas (50% of 2021 EBITDAR before corporate and digital expenses) and regional (63%) markets. Additionally, the company hosts managed properties and digital assets, the later of which produced material EBITDA losses in 2021. Caesars' U.S. presence roughly doubled with the 2020 acquisition by Eldorado, which built its first casino in Reno, Nevada, in 1973 and expanded its presence through prior acquisitions to over 20 properties before merging with legacy Caesars. Caesars' brands include Caesars, Harrah's, Tropicana, Bally's, Isle, and Flamingo. Also, the company owns the U.S. portion of William Hill (it plans to sell the international operation in 2022), a digital sports betting platform.
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