Captrust Financial Advisors Acquires New Shares in PlayAGS Inc (NYSE:AGS)

Captrust Financial Advisors acquired a new stake in PlayAGS Inc (NYSE:AGS - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 50,029 shares of the company's stock, valued at approximately $577,000. Captrust Financial Advisors owned approximately 0.12% of PlayAGS as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in AGS. Summit Investment Advisors Inc. grew its stake in PlayAGS by 34.9% in the fourth quarter. Summit Investment Advisors Inc. now owns 4,113 shares of the company's stock valued at $47,000 after acquiring an additional 1,063 shares during the period. Quantbot Technologies LP purchased a new position in shares of PlayAGS during the fourth quarter valued at approximately $91,000. Polymer Capital Management US LLC purchased a new position in shares of PlayAGS during the fourth quarter valued at approximately $130,000. Susquehanna Fundamental Investments LLC purchased a new position in shares of PlayAGS during the fourth quarter valued at approximately $166,000. Finally, Burren Capital Advisors Ltd purchased a new position in shares of PlayAGS during the fourth quarter valued at approximately $171,000. 77.44% of the stock is currently owned by institutional investors.

PlayAGS Stock Performance

AGS stock traded down $0.04 during midday trading on Friday, hitting $12.25. The company's stock had a trading volume of 112,660 shares, compared to its average volume of 327,310. The stock's 50-day moving average price is $12.08 and its 200 day moving average price is $11.89. The company has a quick ratio of 2.64, a current ratio of 3.35 and a debt-to-equity ratio of 7.49. PlayAGS Inc has a 1 year low of $11.09 and a 1 year high of $12.38. The stock has a market cap of $505.20 million, a price-to-earnings ratio of 72.03 and a beta of 1.52.

PlayAGS (NYSE:AGS - Get Free Report) last issued its earnings results on Thursday, March 6th. The company reported $1.03 earnings per share (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 analyst estimates of $99.49 million. PlayAGS had a return on equity of 10.37% and a net margin of 1.89%. On average, equities analysts forecast that PlayAGS Inc will post 0.31 EPS for the current year.

About PlayAGS

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.