Penny Stock to Buy #4 – MTR Gaming Group Inc. (MNTG)
MTR Gaming Group Inc. (NASDAQ: MNTG) owns and operates gaming properties in West Virginia, Pennsylvania and Ohio. MNTG is also the owner of Racelinebet.com, which offers online and telephone wagering on horse races.
Year-to-date, this gaming company has watched its stock value rise 29%, compared to smaller gains by the broader markets. Looking at earnings, analysts are projecting a jump in EPS to 3 cents this quarter, after the company posted an EPS of 2-cent loss this time last year. Currently, MNTG is trading at more than double its 52-week low of $1.30.