Cedar Fair LP (FUN): Today's Featured Leisure Loser

The leisure industry closed the day up 2.4%. Century Casinos Inc ( CNTY), Kona Grill Inc ( KONA), International Speedway Corporation ( ISCA), and Texas Roadhouse Inc ( TXRH) were all decliners today within the leisure industry with Cedar Fair ( FUN) being today's featured leisure loser. Cedar Fair fell 59 cents (-3.3%) to $18.42 on light volume. Throughout the day, 101,116 shares of Cedar Fair exchanged hands as compared to its average daily volume of 198,000 shares.

Cedar Fair, L.P. owns and operates amusement and water parks in the United States and Canada. Cedar Fair has a market cap of $997.3 million and is part of the services sector. Shares are up 17.6% year to date as of the close of trading on Wednesday.

TheStreet Ratings rates Cedar Fair as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income and revenue growth. However, as a counter to these strengths, we also find weaknesses including generally poor debt management and disappointing return on equity.

On the positive front, Melco Crown Entertainment ( MPEL), Boyd Gaming Corporation ( BYD), Wynn Resorts ( WYNN), and seven Days Group Holdings ( SVN) were all gainers within the leisure industry with Las Vegas Sands ( LVS) being today's featured leisure industry winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the leisure industry could consider PowerShares Dynamic Leisure&Entert ( PEJ) while those bearish on the leisure industry could consider ProShares Ultra Sht Consumer Services ( SCC).

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