PlayAGS Inc (NYSE:AGS) Shares Bought by Hsbc Holdings PLC

Hsbc Holdings PLC raised its position in PlayAGS Inc (NYSE:AGS - Free Report) by 5.2% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 500,330 shares of the company's stock after purchasing an additional 24,551 shares during the period. Hsbc Holdings PLC owned 1.22% of PlayAGS worth $5,754,000 as of its most recent filing with the SEC.

Other hedge funds have also added to or reduced their stakes in the company. Summit Investment Advisors Inc. boosted its stake in PlayAGS by 34.9% during the 4th quarter. Summit Investment Advisors Inc. now owns 4,113 shares of the company's stock valued at $47,000 after purchasing an additional 1,063 shares during the last quarter. Quantbot Technologies LP purchased a new stake in shares of PlayAGS during the 4th quarter worth approximately $91,000. FNY Investment Advisers LLC purchased a new stake in PlayAGS during the fourth quarter valued at about $115,000. Polymer Capital Management US LLC purchased a new stake in shares of PlayAGS during the 4th quarter valued at approximately $130,000. Finally, Burren Capital Advisors Ltd bought a new stake in shares of PlayAGS during the 4th quarter valued at $171,000. 77.44% of the stock is currently owned by institutional investors.

PlayAGS Price Performance

Shares of AGS traded up $0.05 during trading hours on Friday, reaching $12.13. 552,779 shares of the company's stock traded hands, compared to its average volume of 377,561. The company has a current ratio of 3.35, a quick ratio of 2.64 and a debt-to-equity ratio of 7.49. PlayAGS Inc has a 12 month low of $8.23 and a 12 month high of $12.30. The firm's 50 day simple moving average is $12.04 and its 200-day simple moving average is $11.83. The stock has a market cap of $500.46 million, a PE ratio of 71.35 and a beta of 1.88.

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

PlayAGS Company 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.