Mgm Resorts International MGM
Jump To Section
$
Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Mgm Resorts International (MGM) Business Model and Operations Summary
MGM Resorts International, through its subsidiaries, owns and operates casino, hotel, and entertainment resorts in the United States and Macau. The company operates through three segments: Las Vegas Strip Resorts, Regional Operations, and MGM China. Its casino resorts offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities. The company's casino operations include slots and table games, as well as online sports betting and iGaming through BetMGM. As of February 17, 2021, its portfolio consisted of 29 hotel and destination gaming offerings. The company also owns and operates Las Vegas Strip Resorts and Fallen Oak golf course. Its customers include premium gaming customers; leisure and wholesale travel customers; business travelers; and group customers, including conventions, trade associations, and small meetings. The company was formerly known as MGM MIRAGE and changed its name to MGM Resorts International in June 2010. MGM Resorts International was incorporated in 1986 and is based in Las Vegas, Nevada.
Key Insights
Mgm Resorts International (MGM) Core Market Data and Business Metrics
Latest Closing Price
$37.41Market Cap
$9.33 BillionAverage Daily Volume
5,755,034 Shares52-Week Range
$25.30-$47.26Price-Earnings Ratio
16.70Total Outstanding Shares
272.15 Million SharesCEO
Mr. William Joseph Hornbuckle IVTotal Employees
78,000Current Dividend
$0.00 Per Share QuarterlyIPO Date
November 12, 1997SIC Description
Hotels & MotelsHeadquarters
3600 Las Vegas Blvd S, Las Vegas, NV, 89109