PlayAGS Inc (NYSE:AGS) Shares Acquired by Polar Asset Management Partners Inc.

Polar Asset Management Partners Inc. boosted its holdings in PlayAGS Inc (NYSE:AGS - Free Report) by 1,200.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 325,000 shares of the company's stock after purchasing an additional 300,000 shares during the quarter. Polar Asset Management Partners Inc. owned about 0.79% of PlayAGS worth $3,747,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Summit Investment Advisors Inc. raised its holdings in shares of 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 buying an additional 1,063 shares during the last quarter. Quantbot Technologies LP acquired a new position in PlayAGS in the 4th quarter valued at about $91,000. ProShare Advisors LLC purchased a new stake in PlayAGS during the 4th quarter valued at approximately $128,000. Polymer Capital Management US LLC purchased a new stake in PlayAGS during the 4th quarter valued at approximately $130,000. Finally, Brevan Howard Capital Management LP acquired a new stake in PlayAGS during the 4th quarter worth approximately $159,000. Institutional investors and hedge funds own 77.44% of the company's stock.

PlayAGS Stock Performance

Shares of NYSE:AGS traded down $0.02 during trading on Friday, reaching $12.22. The company had a trading volume of 440,919 shares, compared to its average volume of 328,147. PlayAGS Inc has a fifty-two week low of $11.09 and a fifty-two week high of $12.32. The company has a debt-to-equity ratio of 7.49, a current ratio of 3.35 and a quick ratio of 2.64. The stock's fifty day moving average price is $12.09 and its 200 day moving average price is $11.92. The firm has a market capitalization of $504.17 million, a price-to-earnings ratio of 71.88 and a beta of 1.52.

PlayAGS (NYSE:AGS - Get Free Report) last posted its quarterly earnings data on Thursday, March 6th. The company reported $1.03 earnings per share for the quarter, beating analysts' consensus estimates 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 net margin of 1.89% and a return on equity of 10.37%. As a group, equities research analysts predict that PlayAGS Inc will post 0.31 EPS 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.