Golden Nugget Online Gaming Inc. (NASDAQ: GNOG) is -21.12% lower on its value in year-to-date trading and has touched a low of $8.82 and a high of $27.18 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The GNOG stock was last observed hovering at around $16.94 in the last trading session, with the day’s loss setting it -1.4% off its average median price target of $27.00 for the next 12 months. It is also 42.44% off the consensus price target high of $27.00 offered by 1 analysts, but current levels are 42.44% higher than the price target low of $27.00 for the same period.
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Currently trading at $15.54, the stock is -16.15% and -24.69% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.3 million and changing -8.26% at the moment leaves the stock 2.18% off its SMA200. GNOG registered 55.40% gain for a year compared to 6-month gain of 5.14%. The firm has a 50-day simple moving average (SMA 50) of $19.35 and a 200-day simple moving average (SMA200) of $17.09.
The stock witnessed a -23.82% loss in the last 1 month and extending the period to 3 months gives it a 3.88%, and is -15.17% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.90% over the week and 5.43% over the month.
Golden Nugget Online Gaming Inc. (GNOG) has around 80 employees, a market worth around $1.05B and $83.66M in sales. Current P/E ratio is 136.32. Distance from 52-week low is 76.26% and -42.82% from its 52-week high.
Golden Nugget Online Gaming Inc. (GNOG) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Golden Nugget Online Gaming Inc. (GNOG) is a “Buy”. 1 analysts offering their recommendations for the stock have an average rating of 2.00, where 0 rate it as a Hold and 0 think it is a “Overweight”. 1 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Golden Nugget Online Gaming Inc. quarterly earnings per share for the current quarter are estimated at $0..
Golden Nugget Online Gaming Inc. (GNOG) Top Institutional Holders
70 institutions hold shares in Golden Nugget Online Gaming Inc. (GNOG), with institutional investors hold 55.94% of the company’s shares. Institutions hold 41.44% of the Float.