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PENN Crosses Below Key Moving Average Level

By Market News Video Staff, Monday, July 23, 2:24 PM ET
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In trading on Monday, shares of Penn National Gaming, Inc. (NASDAQ:PENN) crossed below their 200 day moving average of $41.02, changing hands as low as $39.50 per share. Penn National Gaming, Inc. shares are currently trading off about 1.9% on the day. The chart below shows the one year performance of PENN shares, versus its 200 day moving average:

Penn National Gaming, Inc. 200 Day Moving Average Chart

Looking at the chart above, PENN's low point in its 52 week range is $31.68 per share, with $46.55 as the 52 week high point that compares with a last trade of $40.75.

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According to the ETF Finder at ETF Channel, PENN makes up 2.15% of the Gaming ETF (AMEX:BJK) which is trading lower by about 3.3% on the day Monday.

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