66,220 Shares in PlayAGS Inc (NYSE:AGS) Purchased by Moore Capital Management LP

Moore Capital Management LP purchased a new position in PlayAGS Inc (NYSE:AGS - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 66,220 shares of the company's stock, valued at approximately $764,000. Moore Capital Management LP owned approximately 0.16% of PlayAGS as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Summit Investment Advisors Inc. lifted its stake in PlayAGS by 34.9% in the 4th quarter. Summit Investment Advisors Inc. now owns 4,113 shares of the company's stock worth $47,000 after purchasing an additional 1,063 shares in the last quarter. Quantbot Technologies LP purchased a new stake in shares of PlayAGS during the 4th quarter valued at about $91,000. FNY Investment Advisers LLC purchased a new stake in shares of PlayAGS during the 4th 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 about $130,000. Finally, Brevan Howard Capital Management LP purchased a new stake in shares of PlayAGS during the 4th quarter valued at about $159,000. Hedge funds and other institutional investors own 77.44% of the company's stock.

PlayAGS Price Performance

Shares of NYSE AGS traded up $0.01 during mid-day trading on Friday, hitting $12.18. 225,073 shares of the company's stock traded hands, compared to its average volume of 326,184. The company's 50-day moving average is $12.06 and its two-hundred day moving average is $11.87. 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 company has a market capitalization of $502.52 million, a P/E ratio of 71.65 and a beta of 1.52. PlayAGS Inc has a 1 year low of $11.09 and a 1 year high of $12.32.

PlayAGS (NYSE:AGS - Get Free Report) last announced 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 analysts' expectations of $99.49 million. PlayAGS had a net margin of 1.89% and a return on equity of 10.37%. On average, equities analysts anticipate that PlayAGS Inc will post 0.31 EPS for the current fiscal 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.