Stocks Look To Build On Gains: United Parcel Service Inc. (UPS) and Penn National Gaming Inc. (PENN)

On Nov 01, Barber James J., Chief Operating Officer sold 1,500 shares of United Parcel Service Inc. (NYSE: UPS), with the average selling price of the stock being $116.43 per share. The total amount realized from this sold $174,641. A document was filed with the Securities and Exchange Commission to notify the public about the sold of the shares.

In addition to that, President, UPS International – Cesarone Nando exercised an option an extra 5,436 shares of this stock in a transaction that took place a day before, on Oct 31, with a share exercised an option at an average of $102.51 and a total of $557,269 was realized from this transaction. After the transaction, the President, UPS International – Cesarone Nando was left with 10,555 shares of the company’s stock, which is currently worth around $1081993.05.

The recent price movement of UPS means that it is now down by -7.53% from its 52-week high and 25.06% up against its 52-week low prices. Over the past one week, the price volatility of UPS stands at 1.46% while the volatility over the past one month is 1.51%. The beta score for this stock is 1.17. A beta score below 1 means that the stock has a low volatility while above 1 signifies that a stock is highly volatile at that particular moment, a data that traders use to keep tabs on their investments.

The company on 10/22/2019 published its latest quarterly earnings, with the report showing that the company recorded 1.94 earnings per share (EPS) during that period. This report was above the expectations of analysts of 1.9 by 0.04. The revenue by the firm was 20.66B for the quarter.

The shares of United Parcel Service Inc. (UPS) dropped by -0.91%, leading to a loss of -$1.06 per share, and saw UPS end the trading session at $115.87 on Friday 01/10/20. UPS started the trading session at $117.07, before reaching a daily high of $117.07. It wasn’t able to sustain that growth though and soon jumped to hit a daily low of $115.60.

The trading volume on Friday stood at 2490236, which was below the stock’s 3-month average volume of 2.77 million shares, out of a total 700.70M shares. As the price of the stock dipped, the market valuation of the company dropped to 100.31 billion.

The shares of Penn National Gaming Inc. (NASDAQ: PENN) went down by -1.99% by the end of the recent trading session. This movement saw its price plunge to close at $26.33, which was lower than the previous closing price of $26.86. Over the past one week, the price of PENN has jumped by 1.52%, while it has recorded a gain of 9.23% over the past one month. Its three-month performance saw PENN gain 42.14% while its six-month performance saw it surge by 43.93%. The situation is different though over the past one year, as the stock price went up by 7.19%, while its year-to-date (YTD) price performance jumped by 2.99%. The stock price has gone up by +40.70% compared to its 90-day low, while it is down -2.77% compared to its 90-day high price.

Let’s take a look at its short, medium and long-term indicators. Composite Indicators shows that Trendspotter rated the stock as a Buy. In the short-term, the stock has a 20-day average volume of 1,111,995 shares, with the short-term indicators averagely rating the stock as a 100% Buy. A look at its medium-term indicators reveals that it has a 50-Day average volume of 1,253,452 shares and the indicators have an average rating of 100% Buy. The last indicators, the long-term see PENN stock with a 100-Day average volume of 1,421,521 shares, giving it an average rating of 100% Buy. A look at the general picture of all short, medium and long-term indicators leaves PENN with an average rating of 100% Buy.

Several brokerage firms sent out their reports PENN stock not long ago. In its report sent out on November 01, 2019, Jefferies lowered its ratings on PENN from a Buy to a Hold. In an earlier report on July 24, 2019, Susquehanna Initiated the stock to a Positive. Wolfe Research meanwhile in its report on June 14, 2019 Initiated its rating of the stock to “Peer Perform”.

In related news to the company’s stock, around 99.30% shares are being held by institutional investors. In a recent SEC filing, the company revealed that 263 institutions currently hold the PENN stock. In the last quarter, a 118,347,295 PENN shares were in the possession of institutions. On the other hand, the company recorded 30 new institutions who bought it their stock, while 31 institutions sold their entire PENN reserve. Of the current institutions investing in the stock, 116 increased their investment while 110 decreased their investment in the stock.