Monarch Casino Resort traded at $121.89 this Friday September 11th, increasing $2.28 or 1.91 percent since the previous trading session. Looking back, over the last four weeks, Monarch gained 1.59 percent. Over the last 12 months, its price rose by 17.09 percent. Looking ahead, we forecast Monarch Casino Resort to be priced at 119.28 by the end of this quarter and at 111.79 in one year, according to Trading Economics global macro models projections and analysts expectations.
Monarch Casino & Resort, Inc. is a company, which owns and operates the Atlantis Casino Resort Spa, a hotel and casino in Reno, Nevada (the Atlantis) and the Monarch Casino Resort Spa Black Hawk (the Monarch Black Hawk), a hotel and casino in Black Hawk, Colorado. In addition, it owns separate parcels of land located next to the Atlantis and a parcel of land with an industrial warehouse located between Denver, Colorado and Monarch Black Hawk. The Company operates through two operating segments: Atlantis and Monarch Black Hawk. The Atlantis features approximately 61,000 square feet of casino space; 818 guest rooms and suites; eight food outlets; two gourmet coffee, pastry bars and one snack bar; a 30,000 square-foot health spa and salon with an enclosed year-round pool; two retail outlets offering clothing and traditional gift shop merchandise; an 8,000 square-foot family entertainment center; and approximately 52,000 square feet of banquet, convention and meeting room space.