Quiet End To Week For Online Casino Sector

City_Stock_TradingIt was a relatively calm end to the week of trading on the markets for the online casino sector. Here are the numbers for a few of the main names from yesterday, Friday December 11th 2009.

Friday saw William Hill get a lift. At the beginning of the day the share valuation stood at 187.40 and the share price was 187.10 by the conclusion of business. This price is 0.42% higher than the Thursday December 10th price of 186.30 and leaves the price 0.21% higher than the Wednesday December 9th price of 186.70.

Shares in PartyGaming by contrast were down on Friday. At the day’s start 256.70 was the valuation of the shares and 256.80 was the share valuation at the conclusion of the day. This price is 1.24% lower than the Thursday December 3rd price of 260.00 and is all of 0.73% lower than the 258.70 on Wednesday.

Stock in Cryptologic also went up on Friday. At the opening of trading 2.97 is where the shares stood and 2.98 was the standing of the shares by the conclusion of business. This price is 1.00% up on the Thursday December 10th price of 2.95 and is all of 2.34% up from 2.91 on Wednesday December 9th.

The big area of interest at the moment is what will happen with regard to the possibility of new regulation in the United States and there is certainly a feeling that many investors are waiting for some indication as to what is going to happen with that.

Mixed End To The Week For Online Casinos

City_Stock_TradingIt was a a somewhat mixed end to the week’s trading for the main players in the online casino industry which was very much in spirit with the type of trading we had been seeing during the course of the week

William Hill finished the week with a lift 187.70 was the valuation of the shares at the day’s beginning on Friday and the price stood at 191.80 at the conclusion of trading. That is all of 1.35% higher than the 189.20 on Thursday and is 3.54% higher than Wednesday.

Friday, on the other hand saw a decrease in the share price of PartyGaming. The share price was 256.70 at the day’s beginning and the valuation of the shares was 256.80 at the conclusion of trading. This gives a price that’s 1.24% lower than the Thursday and leaves the price 0.73% lower than the Wednesday December 2nd price of 258.70

Cryptologic also lost some ground on Friday. At the opening of business 3.33 was the standing of the shares and at the end of the trading period the share price of the company was 3.25. This price is 2.76% down on the Thursday and is 6.15% down on the Wednesday.

The numbers at closing yesterday do broadly reflect performance across the sector for the week where individual factors relating to individual companies were driving trade rather than general industry sentiment.

Positive News From The Midweek Numbers

Better_PerformanceWednesday November 25th 2009 saw some nice positive movement across the online casino sector. As a whole, the sector experienced a nice positive set of midweek numbers with the majority of the major brands experiencing gains and the average certainly very positive.

Let’s take a look at some of the companies that exemplify this trend.

William Hill stock gained some ground on Wednesday. The share price was 186.20 at the opening of trading and by the closing bell the value of shares was standing at 186.00. This price is 1.02% higher than the 184.10 on Tuesday November 24th and leaves the price 0.26% lower than the Monday November 23rd price of 186.50

PartyGaming stock also gained some ground on Wednesday. 255.10 was the share price at the opening of business and the share valuation stood at 260.20 at the closing bell. This price is 1.88% up on the Tuesday November 24th price of 255.30 and is 1.03% higher than the Monday November 23rd price of 257.50.

The Cryptologic stock was another one where the price increased on Wednesday. At the beginning of the day 3.19 was the share valuation and at the conclusion of the day the price stood at 3.28. This leaves the price 1.82% higher than the Tuesday November 24th price of 3.22 and this price is 7.31% lower than the Monday price.

As is clearly demonstrated by these numbers, it was very positive midweek point for the sector and we hope hope to see a continuation of this trend and things move towards the weekend.

Calmer If A Little Slower On the Markets

City_Stock_TradingAfter some of the more volatile type of trading that we have seen in the online casino sector, today was relatively quiet by comparison. The numbers for most of the major players were a little on the lethargic side but not hugely damaging.

Monday November 23rd 2009 saw PartyGaming get a lift. At the start of the day 251.90 was the standing of the shares and the price stood at 257.50 at the closing bell. That is 2.52% higher than the 251.00 on Friday November 20th and leaves the price 0.58% down from 259.00 on Thursday November 19th.

Cryptologic shares also lost some ground on Monday November 23rd 2009. At the beginning of the day the share valuation stood at 3.41 and the share valuation stood at 3.52 at the conclusion of the day. This gives a price that’s 0.56% down from 3.54 on Friday November 20th and leaves the price 0.85% down on the Thursday November 19th price of 3.55.

By comparison William Hill was holding nice and steady. The valuation was the same share price as Friday November 20th and is 0.05% lower than the 186.60 on Thursday November 19th.

While this certainly does not suggest that the calmer times are here to stay, it was a welcome respite from the type of roller-coaster that some of these stock seem to have been on recently.

Poor End To The Week But No Real Surprises

City_NumbersToday saw a poor finish to the week for the online casino sector in general and for the most part, the larger names in the industry were the ones that had to shoulder the brunt of the negative sentiment from investors.

Stock in William Hill took a hit on Friday November 20th 2009. At the day’s start the price stood at 187.90 and at the end of the trading period the value of shares was 186.50. This leaves the price 0.05% lower than the 186.60 on Thursday November 19th and is 2.14% down on the Wednesday November 18th price of 190.50.

PartyGaming was another one that lost ground on Friday. At the opening of trading 258.80 was the standing of the shares and by the end of the day the value of shares was 251.00. This leaves the price 3.18% down from 259.00 on Thursday November 19th and is 4.78% lower than the Wednesday November 18th price of 263.00.

At the time of writing Cryptologic was down but holding relatively steady. While the Nasdaq is still open it would seem that the price for Cryptologic should hold at its current position as it has been hovering around the mark for the entire day’s trading.

Overall, it has been a bit of a troubled week for the sector and the end of week trading seemed to continue in very much a similar vein as what we have been experiencing in the sector from the rest of the week.

Veil Of Uncertainty Not Lifting For Paddy Power

Poorer_PerformanceThe stock price of Paddy Power decreased on Thursday November 19th 2009. The company has had a bit of an up and down time of things recently and it has been difficult to identify a particular trend for the company over any significant time frame.

The volume of trading for the company has also been fairly weak and while this suggest a certain lack of interest from investors, the picture is not quite as simple as it might appear to be as there are many other factors at play here as well.

At the day’s start 24.85 is what the shares stood at and the share price was 23.97 at the conclusion of trading.

That price is 3.67% lower than the 24.85 on Wednesday November 18th and is all of 3.00% lower than the 24.69 on Tuesday November 17th.

During trading 23.84 was the lowest price for the shares and during another phase the strongest price for shares was 24.87.

The real volume of trades for the whole day was 16,969 and it’s also pertinent to point out that the volume over the course of the day on Wednesday settled at 37,842 and the volume on Tuesday settled at 19,618. This illustrates the type of volume that the company has been seeing over the longer period as well.