NeoGames S.A. (NASDAQ:NGMS - Get Free Report) shares hit a new 52-week high on Tuesday . The stock traded as high as $29.44 and last traded at $29.40, with a volume of 361202 shares changing hands. The stock had previously closed at $29.25.
NeoGames Stock Up 0.5 %
The company has a market cap of $983.98 million, a P/E ratio of -54.43 and a beta of 1.14. The company has a debt-to-equity ratio of 1.61, a current ratio of 1.13 and a quick ratio of 1.10. The company's 50-day moving average is $28.67 and its two-hundred day moving average is $27.82.
NeoGames (NASDAQ:NGMS - Get Free Report) last announced its quarterly earnings results on Wednesday, March 6th. The company reported $0.05 earnings per share for the quarter, beating the consensus estimate of $0.01 by $0.04. The company had revenue of $47.76 million during the quarter, compared to the consensus estimate of $57.95 million. NeoGames had a negative net margin of 9.54% and a positive return on equity of 9.15%. As a group, equities analysts predict that NeoGames S.A. will post 0.13 earnings per share for the current fiscal year.
Institutional Investors Weigh In On NeoGames
A number of large investors have recently added to or reduced their stakes in the stock. Gamco Investors INC. ET AL lifted its stake in shares of NeoGames by 3.9% during the 3rd quarter. Gamco Investors INC. ET AL now owns 13,511 shares of the company's stock valued at $365,000 after buying an additional 511 shares in the last quarter. Legal & General Group Plc lifted its stake in shares of NeoGames by 6.3% during the 4th quarter. Legal & General Group Plc now owns 10,180 shares of the company's stock valued at $291,000 after buying an additional 600 shares in the last quarter. Citigroup Inc. lifted its stake in shares of NeoGames by 7.1% during the 3rd quarter. Citigroup Inc. now owns 10,606 shares of the company's stock valued at $286,000 after buying an additional 703 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its stake in shares of NeoGames by 3.1% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 29,820 shares of the company's stock valued at $364,000 after buying an additional 895 shares in the last quarter. Finally, American International Group Inc. lifted its stake in shares of NeoGames by 19.8% during the 2nd quarter. American International Group Inc. now owns 6,153 shares of the company's stock valued at $83,000 after buying an additional 1,018 shares in the last quarter. Institutional investors own 29.73% of the company's stock.
NeoGames Company Profile
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Get Free Report)
NeoGames SA provides iLottery solutions worldwide. The company offers various technology platforms, a range of value-added services, and a game studio that provides a portfolio of games through personal computers, smartphones, and handheld devices. It also develops and operates online lotteries and games that allows lottery operators to distribute lottery products through online sales channels using the company's technology.
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