Credit Industriel ET Commercial Invests $2.36 Million in PlayAGS Inc (NYSE:AGS)

Credit Industriel ET Commercial acquired a new position in shares of PlayAGS Inc (NYSE:AGS - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 204,864 shares of the company's stock, valued at approximately $2,362,000. Credit Industriel ET Commercial owned about 0.50% of PlayAGS as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Decagon Asset Management LLP acquired a new position in shares of PlayAGS in the fourth quarter valued at approximately $18,933,000. Alliancebernstein L.P. raised its stake in shares of PlayAGS by 84.4% during the fourth quarter. Alliancebernstein L.P. now owns 889,951 shares of the company's stock valued at $10,261,000 after purchasing an additional 407,203 shares during the period. State Street Corp lifted its stake in shares of PlayAGS by 1.3% in the third quarter. State Street Corp now owns 751,949 shares of the company's stock worth $8,565,000 after acquiring an additional 9,816 shares in the last quarter. Arrowstreet Capital Limited Partnership boosted its stake in PlayAGS by 5.0% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 684,276 shares of the company's stock valued at $7,890,000 after acquiring an additional 32,523 shares during the last quarter. Finally, Barclays PLC lifted its holdings in PlayAGS by 161.7% during the 3rd quarter. Barclays PLC now owns 548,073 shares of the company's stock worth $6,243,000 after buying an additional 338,642 shares during the last quarter. Hedge funds and other institutional investors own 77.44% of the company's stock.

PlayAGS Stock Performance

AGS traded down $0.02 during trading hours on Tuesday, hitting $12.10. 147,337 shares of the stock were exchanged, compared to its average volume of 372,030. The stock has a market cap of $499.02 million, a price-to-earnings ratio of 71.15 and a beta of 1.88. The stock has a 50-day simple moving average of $12.04 and a 200-day simple moving average of $11.83. PlayAGS Inc has a 12 month low of $8.23 and a 12 month high of $12.30. The company has a debt-to-equity ratio of 7.49, a current ratio of 3.35 and a quick ratio of 2.64.

PlayAGS (NYSE:AGS - Get Free Report) last posted its earnings results on Thursday, March 6th. The company reported $1.03 EPS for the quarter, beating the consensus estimate of $0.15 by $0.88. The firm had revenue of $102.98 million for the quarter, compared to analysts' expectations of $99.49 million. PlayAGS had a return on equity of 10.37% and a net margin of 1.89%. Analysts anticipate that PlayAGS Inc will post 0.31 earnings per share for the current year.

PlayAGS Profile

AGS is a global company focused on creating a diverse mix of entertaining gaming experiences for every kind of player. Their roots are firmly planted in the Class II Native American gaming market, but their customer-centric culture and growth have helped them branch out to become a leading all-inclusive commercial gaming supplier.