(Nasdaq:PLAY) Dave & Buster’s Entertainment Inc Dips To New 52 Week Low

Dave & Buster’s Entertainment Inc (Nasdaq:PLAY)

June 12th, 2019

Amidst falling markets Dave & Buster’s Entertainment Inc fell ($11.53) Wednesday which equals a 22.38% drop, closing at $40.00. As well as the drop in value, Dave & Buster’s Entertainment Inc hit a new 52 week low of $39.46. Despite the drop in value, trading volumes were solid at 2,056.00% of normal which can indicate investor opportunities.

PLAY was outperformed by the rest of the Consumer Discretionary sector which went down only -0.11%.

Analysis results from 10 analysts indicates that Dave & Buster’s Entertainment Inc could increase significantly (58.73%), while Finbox has calculated (with low uncertainty) a fair value price of $46.07.

Market Sectors

The market sectors were mixed Wednesday with a majority of the sectors trending up. Utilities saw the biggest increase of the day (1.33%), while the Energy sector saw the biggest drop (-1.44%). Information Technology has seen the biggest year-to-date gain of 23.77%.

Energy and Financials experienced turn-arounds from their five day positive performances with Energy dropping -1.44%.

Sector Breakdown

  • Utilities, up 1.33%.
  • Healthcare, up 0.51%.
  • Materials, up 0.31%.
  • Real Estate, up 0.26%.
  • Industrials, up 0.20%.
  • Consumer Staples, up 0.04%.
  • Consumer Discretionary, down -0.11%.
  • Communication Services, down -0.28%.
  • Information Technology, down -0.58%.
  • Financials, down -0.95%.
  • Energy, down -1.44%.

Dave & Buster’s Entertainment Inc Info

Dave & Buster’s Entertainment, Inc. owns and operates entertainment and dining venues for adults and families. Its venues offer a menu of entrées and appetizers, as well as a selection of non-alcoholic and alcoholic beverages; and an assortment of entertainment attractions centered on playing games and watching live sports, and other televised events. The company operates its venues under the Dave & Buster’s name. As of April 02, 2019, it owned and operated 125 venues in 39 states, Puerto Rico, and Canada. The company was founded in 1982 and is headquartered in Dallas, Texas.

All amounts in USD unless otherwise indicated

PLAY daily update
PLAY daily update

Via UnSplash

Media Gazelle Inc (MG), a Nevada Corporation, owns and operates the online brand US Tribune News. MG does not offer financial advise, and is not a registered broker/dealer/analyst/adviser, holds no investment licenses, and may not sell, offer to sell or offer to buy any security. MG’s market updates, news are not a solicitation or recommendation to buy, sell or hold securities. MG shall not be held liable for any investment losses you may incur by using the information provided, this includes you trading the stocks mentioned on our sites. We recommend you talk to a financial adviser before trading any securities or taking any action based upon information on this site. MG does not guarantee the accuracy of the article.

Tell us what you think