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Penn National Gaming (NASDAQ:PENN)’s share price reached a new 52-week low on Friday , American Banking reports. The company traded as low as $10.17 and last traded at $10.18, with a volume of 446,411 shares traded. The stock had previously closed at $10.48.

A number of analysts have recently weighed in on PENN shares. Analysts at Barclays reiterated an “overweight” rating on shares of Penn National Gaming in a research note on Friday, July 25th. They now have a $15.00 price target on the stock, up previously from $14.00. Separately, analysts at Telsey Advisory Group cut their price target on shares of Penn National Gaming from $13.00 to $12.00 in a research note on Friday, July 25th. They now have a “not rated” rating on the stock. Finally, analysts at ISI Group reiterated an “outperform” rating on shares of Penn National Gaming in a research note on Thursday, July 24th. Three analysts have rated the stock with a sell rating, four have assigned a hold rating and seven have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $14.30.

The stock’s 50-day moving average is $11.69 and its 200-day moving average is $11.89. The company’s market cap is $798.7 million.

Penn National Gaming (NASDAQ:PENN) last posted its quarterly earnings results on Thursday, July 24th. The company reported $0.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.07 by $0.04. The company had revenue of $652.10 million for the quarter, compared to the consensus estimate of $643.91 million. During the same quarter in the previous year, the company posted ($0.16) earnings per share. The company’s revenue for the quarter was down 14.4% on a year-over-year basis. On average, analysts predict that Penn National Gaming will post $0.07 earnings per share for the current fiscal year.

In other Penn National Gaming news, COO Jay A. Snowden purchased 11,500 shares of the stock on the open market in a transaction that occurred on Tuesday, July 29th. The shares were purchased at an average cost of $10.34 per share, for a total transaction of $118,910.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Penn National Gaming, Inc (NASDAQ:PENN) is a diversified owner and manager of gaming and pari-mutuel properties.

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