Stock Review for Resorts & Casinos Investors -- Melco Resorts & Entertainment, MGM Resorts, Norwegian Cruise Line, and Penn National Gaming

NEW YORK, Feb. 7, 2018 /PRNewswire/ --

WallStEquities.com strives to bring the best free research to the investment community.  Today we are offering reports on MLCO, MGM, NCLH, and PENN which can be accessed for free by signing up to www.wallstequities.com/registration. Today's focus is shifted on the Hotel/Gaming industry, which is highly dependent on the business cycle and consumer discretionary spending. Operating earnings in this space tend to swing widely between good and bad economic times. Pre-market this morning, WallStEquities.com recalls the previous performance of four Resorts and Casinos stocks, namely: Melco Resorts & Entertainment Ltd (NASDAQ: MLCO), MGM Resorts International (NYSE: MGM), Norwegian Cruise Line Holdings Ltd (NYSE: NCLH), and Penn National Gaming Inc. (NASDAQ: PENN). All you have to do is sign up now for this free limited time offer by clicking the link below. www.wallstequities.com/registration

Melco Resorts & Entertainment

On Tuesday, shares in Melco Resorts & Entertainment Ltd recorded a trading volume of 2.02 million shares. The stock ended the day at $28.53, declining slightly by 0.17% from the last trading session. The Company's shares have advanced 10.11% in the previous three months and 69.22% over the past year. The stock is trading above its 200-day moving average by 19.51%. Furthermore, shares of the Company have a Relative Strength Index (RSI) of 52.78.

On February 05^th, 2018, research firm Goldman upgraded the Company's stock rating from 'Neutral' to 'Buy'.

On February 05^th, 2018, Melco announced that it will furnish its unaudited financial results for Q4 and year ended December 31^st, 2017, on Form 6-K with the US SEC on February 08^th, 2018, to be followed by a conference call on the same day at 8:30 a.m. ET. Get the full research report on MLCO for free by clicking below at: www.wallstequities.com/registration/?symbol=MLCO

MGM Resorts International

Nevada-based MGM Resorts International's stock rose 1.19%, finishing yesterday's session at $34.88. A total volume of 9.40 million shares was traded, which was above their three months average volume of 7.32 million shares. The Company's shares have gained 11.58% over the previous three months and 20.07% over the past year. The stock is trading above its 200-day moving average by 7.37%. Additionally, shares of MGM Resorts have an RSI of 45.85.

On January 19^th, 2018, research firm Jefferies initiated a 'Buy' rating on the Company's stock.

On January 24^th, 2018, MGM Resorts (MGM) announced that for the third consecutive year, it has been named one of the "World's Most Admired Companies" by Fortune magazine in its annual survey of business leaders and analysts. The survey, regarded as a definitive analysis of corporate reputation, ranked MGM among the best in the world in the category of Hotels, Casinos and Resorts. Get access to our top-rated research, including the free report on MGM at: www.wallstequities.com/registration/?symbol=MGM

Norwegian Cruise Line Holdings

Shares in Florida headquartered Norwegian Cruise Line Holdings Ltd ended the session 2.19% higher at $58.20. The stock recorded a trading volume of 2.47 million shares, which was above its three months average volume of 1.83 million shares. The Company's shares have gained 6.07% in the last month and 22.47% over the past year. The stock is trading 3.72% above its 50-day moving average and 5.65% above its 200-day moving average. Moreover, shares of the Company have an RSI of 51.15.  

On January 09^th, 2018, Norwegian Cruise Line announced that Steve Odell, Senior Vice President and Managing Director Asia/Pacific, has expanded his role to include the Company's China operations along with the greater Asia/Pacific region. Alex (Yucheng) Xiang has been promoted to Managing Director of China operations, reporting to Odell. David Herrera, previously President of China operations and based in Shanghai, will relocate back to Miami as Senior Vice President of Strategy and Corporate Development.

On February 05^th, 2018, research firm JP Morgan upgraded the Company's stock rating from 'Neutral' to 'Overweight'. Click here to subscribe for a free membership which welcomes you with our report on NCLH at: www.wallstequities.com/registration/?symbol=NCLH

Penn National Gaming

On Tuesday, Pennsylvania-based Penn National Gaming Inc.'s stock climbed 2.34%, finishing at $30.66. A total volume of 1.44 million shares was traded, which was above their three months average volume of 1.16 million shares. The Company's shares have gained 17.65% over the previous three months and 125.44% over the past year. The stock is trading 0.63% and 27.49% above its 50-day and 200-day moving averages, respectively. Additionally, shares of the Company have an RSI of 44.68. 

On January 22^nd, 2018, research firm Deutsche Bank reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $32 a share to $38 a share.

On January 25^th, 2018, Penn National Gaming announced that it will release its Q4 2017 financial results at 7:00 a.m. ET on February 08^th, 2018, and will host a conference call and simultaneous webcast at 9:00 a.m. ET that same day. www.wallstequities.com/registration/?symbol=PENN

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