Saturday, January 21, 2012 4:56:06 AM
17 hours 49 minutes ago - Financial News Network Online - Market Movers via Comtex
Up 1.8% to $10.62, Pinnacle Entertainment (NYSE:PNK), is one of today's notable movers. The Dow Jones Industrial Average is now trading 0.4% higher to 12,678 and the S&P is trading 0.3% lower to 1,311.
Pinnacle Entertainment has overhead space with shares priced $10.62, or 33.3% below the average consensus analyst price target of $15.92. Pinnacle Entertainment shares should encounter resistance at the 200-day moving average (MA) of $12.12 and support at the 50-day MA of $10.19.
Pinnacle Entertainment, Inc. is a diversified gaming company that owns and operates several casinos and casino hotels. The Company's facilities are located in Nevada, Mississippi, Louisiana, and Argentina. Pinnacle also receives lease income from card club casinos located in Los Angeles, California.
In the past 52 weeks, Pinnacle Entertainment share prices have been bracketed by a low of $8.06 and a high of $15.57 and are now at $10.62, 32% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.4% while the 50-day MA has declined 0.4%.
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GLTA
Bob
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