Shares of Bally’s Corporation (NYSE:BALY) traded at a new 52-week high today of $67.99. So far today approximately 64,000 shares have been exchanged, as compared to an average 30-day volume of 421,000 shares.
Ballys Corp, formerly Twin River Worldwide Holdings Inc operates in the casino industry. The company owns gaming and racing facilities, including slot machines and various casino table games, and restaurant and hotel facilities. The company operates in five segments namely, Twin River Casino Hotel, Hard Rock Biloxi, Tiverton Casino Hotel, Dover Downs and Mile High USA, which have been aggregated into the following three reportable segments: Rhode Island; Delaware; and Biloxi. Majority of the revenue is derived from the gaming operations.
Bally’s Corporation (NYSE:BALY) is currently priced 4.0% above its average consensus analyst price target of $64.64.
Bally’s Corporation share prices have moved between a 52-week high of $67.99 and a 52-week low of $7.22 and are now trading 833% above that low price at $67.35 per share.
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