Use Empire to protect against small markets fluctuations. The stock experiences unexpected downward movement. The market is reacting to new fundamentals. Check odds of Empire to be traded at $6.69 in 30 days
Empire Price and Market Media
The median price of Empire for the period between Sat, Oct 25, 2014 and Mon, Nov 24, 2014 is 7.28 with a coefficient of variation of 5.85. The daily time series for the period is distributed with a sample standard deviation of 0.43, arithmetic mean of 7.33, and mean deviation of 0.34. The Stock received some media coverage during the period.
Empire Resorts Inc [NYNY] is traded on NASDAQ General Markets in USA. It is located in Monticello, NY and employs 288 people. The company currently falls under 'Small-Cap' category with current market capitalization of 294.9 M. Empire Resorts Inc conducts business under Services sector and is part of Resorts and Casinos industry. This company has 39.37 M outstanding shares of which 2.03 M shares are now shorted by private and institutional investors with about 8.0 trading days to cover.
Empire Resorts has very high historical volatility over the last 30 days
Empire Resorts has high likelihood to experience some financial distress in the next 2 years
The company currently holds 45.43 M in liabilities with Debt to Equity (D/E) ratio of 1.53 which is about average as compared to similar companies. Empire Resorts Inc has Current Ratio of 0.73 indicating that it has a negative working capital and may not be able to pay financial obligations when they are due.
This company reported previous year revenue of 66.04 M. Net Loss for the year was (35.83 M) with profit before overhead, payroll, taxes, and interest of 12.36 M.
EMPIRE RESORTS IN currently holds about 14.86 M in cash with (8.51 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.38.
Roughly 62.0% of Empire Resorts Inc outstanding shares are owned by corporate insiders