Moore Capital Management LP Takes $764,000 Position in PlayAGS Inc (NYSE:AGS)

Moore Capital Management LP bought a new position in shares of PlayAGS Inc (NYSE:AGS - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 66,220 shares of the company's stock, valued at approximately $764,000. Moore Capital Management LP owned approximately 0.16% of PlayAGS at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Summit Investment Advisors Inc. increased 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 worth $47,000 after buying an additional 1,063 shares during the period. Quantbot Technologies LP acquired a new stake in shares of PlayAGS during the fourth quarter valued at about $91,000. FNY Investment Advisers LLC purchased a new stake in shares of PlayAGS during the fourth quarter worth about $115,000. Polymer Capital Management US LLC purchased a new stake in shares of PlayAGS during the fourth quarter worth about $130,000. Finally, Brevan Howard Capital Management LP acquired a new position in shares of PlayAGS in the fourth quarter worth about $159,000. 77.44% of the stock is currently owned by hedge funds and other institutional investors.

PlayAGS Stock Up 0.0%

AGS traded up $0.01 on Monday, reaching $12.19. The company's stock had a trading volume of 62,137 shares, compared to its average volume of 424,383. PlayAGS Inc has a 1 year low of $11.09 and a 1 year high of $12.32. The business's 50 day moving average is $12.06 and its 200 day moving average is $11.88. 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 has a market cap of $502.73 million, a price-to-earnings ratio of 71.68 and a beta of 1.52.

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 analysts' consensus estimates of $0.15 by $0.88. The company 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%. As a group, research analysts forecast that PlayAGS Inc will post 0.31 EPS for the current fiscal 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.