NEW YORK, July 20, 2016 /PRNewswire/ --
Resorts and Casinos operators are constantly evolving and competing for better offerings as more and more rivals are emerging in the market. While pressures persist, the industry is expected to remain stable throughout the year. Stock-Callers.com now direct investors' focus on today's featured companies: Melco Crown Entertainment Ltd (NASDAQ: MPEL), Royal Caribbean Cruises Ltd (NYSE: RCL), Norwegian Cruise Line Holdings Ltd (NASDAQ: NCLH), and Boyd Gaming Corp. (NYSE: BYD). Learn more about these stocks by accessing their free notes at:
Melco Crown Entertainment
At the close on Tuesday, shares in Central, Hong Kong headquartered Melco Crown Entertainment Ltd saw a decline of 1.99%, ending the day at $12.30. The stock recorded a trading volume of 2.04 million shares. The Company's shares are trading below their 50-day moving average by 9.96%. Moreover, shares of Melco Crown Entertainment, which through its subsidiaries, develops, owns, and operates casino gaming and entertainment casino resort facilities in Asia, have a Relative Strength Index (RSI) of 41.22.
On July 05th, 2016, Bloomberg reported that Melco Crown Entertainment's most expensive resort is set to open its first gambling rooms targeting high spenders from mainland China, switching gears from an earlier strategy that focused on recreational gamblers as it looks to reverse two years of slumping profit. Register now and access free notes on MPEL at:
Royal Caribbean Cruises
Shares in Miami, Florida headquartered Royal Caribbean Cruises Ltd ended the day 1.32% lower at $70.10 and with a total volume of 1.28 million shares traded. The stock is trading below its 50-day moving average by 4.94%. Shares of the Company, which operates cruises under the Royal Caribbean International, Celebrity Cruises, Pullmantur, Azamara Club Cruises, CDF Croisires de France, and TUI Cruises brand names, have an RSI of 46.63.
On June 28th, 2016, Royal Caribbean Cruises announced an agreement with Miami-Dade County to construct and operate a new cruise terminal at PortMiami, on land leased from the County. The new terminal will be an addition to PortMiami and will serve as homeport to Royal Caribbean International ships, including a 5,400-passenger Oasis-class ship, the world's largest and most innovative cruise ships. The complimentary notes on RCL can be accessed at:
Norwegian Cruise Line
On Tuesday, shares in Miami, Florida headquartered Norwegian Cruise Line Holdings Ltd finished 2.48% lower at $40.14 with a total volume of 1.67 million shares traded. The stock is trading below its 50-day moving average by 9.55%. The Company's shares , through its subsidiaries, provides cruise experiences for travelers with various itineraries in North America, the Mediterranean, the Baltic, Central America, Bermuda, and the Caribbean have an RSI of 39.69.
On June 21st, 2016, Konami Gaming, Inc. announced that its award-winning SYNKROS™ casino management system has been selected by Norwegian Cruise Line to help power casino operations across its world-class fleet, including a total of 3,666 slots and 289 table games. Through the upcoming year, Konami will launch its latest SYNKROS systems technology on a total of 18 ships operated by Norwegian Cruise Line under its three brands: Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises. Sign up for your complimentary notes on NCLH at:
Las Vegas, Nevada Boyd Gaming Corp.'s shares recorded a trading volume of 751,942 shares at the end of yesterday's session and closed the day at $18.87, dropping 1.97%. The stock has advanced 0.96% in the last one month. The Company's shares are trading above their 50-day and 200-day moving averages by 0.56% and 0.49%, respectively. Additionally, shares of Boyd Gaming, which together with its subsidiaries, operates as a multi-jurisdictional gaming company, have an RSI at 53.46.
In a Form 8-K filing with SEC on June 02nd, 2016, Boyd Gaming Corp. announced that it has entered into an Equity Purchase Agreement to sell its 50% equity interest in Marina District Development Holding Company, LLC, the parent company of the Borgata Hotel Casino & Spa in Atlantic City, New Jersey, to MGM Resorts International. Get free access to your notes on BYD at:
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