Promising Casino Stocks To Watch Today – February 21st

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 the shares or equities of public companies involved in the gambling and gaming industry, including owning and running casinos, online gaming platforms and betting apps. These stocks often fluctuate based on tourism rates, economic conditions, and changes in gambling laws. 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.

DKNG stock traded down $1.78 during midday trading on Friday, hitting $47.66. The stock had a trading volume of 4,387,160 shares, compared to its average volume of 9,825,049. The company has a debt-to-equity ratio of 1.24, a current ratio of 0.93 and a quick ratio of 1.00. The firm has a market cap of $23.35 billion, a price-to-earnings ratio of -44.95, a price-to-earnings-growth ratio of 1.91 and a beta of 1.93. The business has a 50-day moving average of $41.30 and a two-hundred day moving average of $39.18. DraftKings has a 52-week low of $28.69 and a 52-week high of $53.61.

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.

Shares of NYSE:FLUT traded down $5.54 during midday trading on Friday, reaching $282.21. The company’s stock had a trading volume of 424,522 shares, compared to its average volume of 1,324,370. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 0.66. The firm has a 50 day moving average of $266.87 and a 200-day moving average of $245.45. Flutter Entertainment has a 12-month low of $174.03 and a 12-month high of $299.73.

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.

WYNN traded down $0.40 during midday trading on Friday, reaching $93.07. The company’s stock had a trading volume of 828,246 shares, compared to its average volume of 2,854,930. Wynn Resorts has a 1 year low of $71.63 and a 1 year high of $110.38. The firm has a market capitalization of $9.90 billion, a price-to-earnings ratio of 22.17, a PEG ratio of 2.32 and a beta of 1.76. The stock’s 50-day moving average is $85.39 and its 200-day moving average is $87.14.