Bally’s Corporation (NYSE:BALY) traded today at a new 52-week high of $71.90. Approximately 63,000 shares have changed hands today, as compared to an average 30-day volume of 407,000 shares.
In the past 52 weeks, Bally’s Corporation share prices are bracketed by a low of $7.22 and a high of $71.90 and is now at $70.72, 880% above that low price.
Based on a current price of $70.72, Bally’s Corporation is currently 10.1% above its average consensus analyst price target of $63.60.
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.
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