Casino Stocks Mid-Day Round Up - Lower: ASCA, ISLE

Published on Tuesday, 24 January 2012 11:52 Written by Christopher Lynn

New York, January 24th (TradersHuddle.com) - Casino stocks are trading lower by -0.66% versus their previous trading day close. Casino stocks are having a broad decline with 1 out of 7 casino companies trading higher.

Ameristar Casinos (NASDAQ:ASCA) is the top performer of the casino stocks today trading at $19.7 representing 0.25%. versus the previous trading session. Ameristar Casinos, the gaming company that owns and operates casinos resorts in several states in the U.S., shares have defined support at $17.28 and resistance at $20.63.

Isle of Capri Casinos (NASDAQ:ISLE) is also among the top performers, currently trading at $5.05 representing -0.39% from its previous close. Isle of Capri Casinos, the owner and operator of branded casino resorts throughout the U.S., the U.K. and the Bahamas has calculated support and resistance levels at $4.38 and $4.72 respectively.

Casino Stocks worst performers include Penn National Gaming (NASDAQ:PENN) that is trading at $39.99 or -1.32% from the previous close. The Shares of Penn National Gaming, the owner and operator of casinos in Mississippi, and a riverboat gaming facility in Louisiana have defined support at $34.70 and resistance at $41.63. Also among the worst performers is Pinnacle Entertainment (NYSE:PNK), which so far is trading at $10.54 representing -1.22% from the previous trading session.

Casino stocks are underperforming the broad market S&P 500 Index is currently trading at 1313.6, -2.4 points or -0.18% from the previous trading session.