The stock of Star Entertainment Group Ltd (ASX:SGR) is a huge mover today! The stock increased 4.64% or $0.23 on November 18, hitting $5.19. About 6.65 million shares traded hands or 3.26% up from the average. Star Entertainment Group Ltd (ASX:SGR) has declined 10.21% since April 22, 2016 and is downtrending. It has underperformed by 14.64% the S&P500.
The move comes after 5 months positive chart setup for the $4.31 billion company. It was reported on Nov, 18 by Barchart.com. We have $8.41 PT which if reached, will make ASX:SGR worth $2.67 billion more.
More notable recent Star Entertainment Group Ltd (ASX:SGR) news were published by: Fool.com.Au which released: “4 things to know before buying Star Entertainment Group Ltd shares” on August 29, 2016, also Fool.com.Au with their article: “Is Star Entertainment Group Ltd the ASX’s best leisure company?” published on April 13, 2016, Fool.com.Au published: “Crown Resorts Ltd vs. Star Entertainment Group Ltd: Buy, Hold, or Sell?” on November 26, 2015. More interesting news about Star Entertainment Group Ltd (ASX:SGR) were released by: Fool.com.Au and their article: “Results release: Is Star Entertainment Group Ltd still a good bet?” published on February 16, 2016 as well as Fool.com.Au‘s news article titled: “This fund manager thinks Star Entertainment Group Ltd is a bargain” with publication date: October 20, 2016.
The Star Entertainment Group Limited, formerly Echo Entertainment Group Limited, operates in the gaming, entertainment and hospitality industries. The company has a market cap of $4.31 billion. The Firm owns and operates The Star Sydney ; Treasury Casino and Hotel, Brisbane (Treasury Brisbane), and Jupiters Hotel and Casino, Gold Coast (Gold Coast). It has a 22.04 P/E ratio. The Company’s divisions include The Star Sydney, Gold Coast and Treasury Brisbane.
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