Archon Co. (OTCMKTS:ARHN – Get Free Report) was up 5.4% on Friday . The stock traded as high as $15.00 and last traded at $14.75. Approximately 1,700 shares changed hands during trading, an increase of 196% from the average daily volume of 575 shares. The stock had previously closed at $14.00.
Archon Trading Up 5.4 %
The firm’s fifty day moving average price is $14.02 and its 200-day moving average price is $16.36.
Archon Company Profile
Archon Corporation, through its subsidiary, Pioneer Hotel Inc, engages in the ownership, management, and operation of casinos and hotels in the United States. It operates the Pioneer Hotel & Gambling Hall (the Pioneer) in Laughlin, Nevada that consists of a casino. The company also owns real estate properties on Las Vegas Boulevard South in Las Vegas, Nevada; and rental properties that include commercial office space in Dorchester, Massachusetts.
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