Archon Co. (OTCMKTS:ARHN – Get Free Report)’s share price traded down 19.5% during trading on Monday . The company traded as low as $14.00 and last traded at $14.00. 200 shares traded hands during mid-day trading, a decline of 52% from the average session volume of 415 shares. The stock had previously closed at $17.40.
Archon Stock Performance
The company has a 50-day moving average of $15.43 and a two-hundred day moving average of $17.13.
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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