Crown Resorts (ASX:CWN) Stock Price Passes Below Two Hundred Day Moving Average of $12.31

Crown Resorts Ltd (ASX:CWN) shares crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $12.31 and traded as low as $12.25. Crown Resorts shares last traded at $12.35, with a volume of 945,025 shares trading hands.

The company has a debt-to-equity ratio of 21.25, a quick ratio of 1.16 and a current ratio of 1.21. The firm’s 50 day moving average is A$12.12 and its 200-day moving average is A$12.31. The stock has a market capitalization of $8.36 billion and a price-to-earnings ratio of 20.93.

The business also recently declared a Final dividend, which will be paid on Friday, October 4th. Investors of record on Friday, October 4th will be issued a $0.30 dividend. This represents a yield of 2.61%. The ex-dividend date of this dividend is Thursday, September 19th. Crown Resorts’s payout ratio is presently 101.69%.

Crown Resorts Company Profile (ASX:CWN)

Crown Resorts Limited operates in the entertainment industry primarily in Australia. It operates in four segments: Crown Melbourne, Crown Perth, Crown Aspinalls, and Wagering & Online. The company owns and operates two integrated resorts, including Crown Melbourne and Crown Perth. Its Crown Melbourne resort comprises 2,628 gaming machines and 540 gaming tables; the Crown Towers Melbourne hotel with 481 guest rooms, the Crown Metropol Melbourne hotel with 658 guest rooms, and the Crown Promenade Melbourne hotel with 465 guest rooms; a conference center; banqueting facilities; restaurants and bars; and designer brands and retail outlets.

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