Iao Kun Group Holding Company Limited IKGH was a big mover last session, as the company saw its shares rise roughly 7% on the day. The move came on solid volume with far more shares changing hands than in a normal session. This reverses the recent trend of the company as the stock is now down 16.4% in the past one-month time frame.
None of the estimates for this gaming stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Iao Kun Group Holding carries a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.
However, a better-ranked stock in the same space is Caesars Entertainment Corporation CZR, sporting a Zacks Rank #1 (Strong Buy).
Is IKGH going up? Or down? Predict to see what others think: Up or Down
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