MGM Resorts International (NYSE:MGM) shares, rose in value, with the stock price down by -1.62% to the previous day’s close as strong demand from buyers drove the stock to $38.21.
Actively observing the price movement in the recent trading, the stock is buoying the session at $38.84, falling within a range of $37.93 and $38.5818. The value of beta (5-year monthly) is 1.767 whereas the PE ratio is 17.12 over 12-month period. Referring to stock’s 52-week performance, its high was $47.26, and the low was $25.30. On the whole, MGM has fluctuated by 14.43% over the past month.
With the market capitalization of MGM Resorts International currently standing at about $10.40 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Apr-30.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that MGM’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the PEG ratio is about 2.36, with the price of MGM currently trading nearly 8.28% and 13.85% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 68.17, while the 7-day volatility ratio is showing 2.01% which for the 30-day chart, stands at 2.87%. Furthermore, MGM Resorts International (MGM)’s beta value is 1.81.
A comparison of MGM Resorts International (MGM) with its peers suggests the former has fared considerably weaker in the market. MGM showed an intraday change of -1.62% in today’s session so far, and over the past year, it grew by 10.27%%.
Data on historical trading for MGM Resorts International (NYSE:MGM) indicates that the trading volumes over the past 10 days have averaged 4.5 and over the past 3 months, they’ve averaged 5.16 million. According to company’s latest data on outstanding shares, there are 279.65 million shares outstanding.
Nearly 23.71% of MGM Resorts International’s shares belong to company insiders and institutional investors own 69.23% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 20.06 million shares as on 2025-06-13, resulting in a short ratio of 4.19. According to the data, the short interest in MGM Resorts International (MGM) stood at 1192.00 of shares outstanding as of 2025-06-13; the number of short shares registered in 2025-05-15 reached 20.8 million. The stock has fallen by -12.64% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the MGM stock heading into the next quarter.
