PlayAGS Inc (NYSE:AGS - Get Free Report) shares hit a new 52-week high during trading on Thursday . The stock traded as high as $12.32 and last traded at $12.30, with a volume of 938620 shares. The stock had previously closed at $12.22.
PlayAGS Stock Performance
The company has a 50-day simple moving average of $12.08 and a two-hundred day simple moving average of $11.89. The company has a debt-to-equity ratio of 7.49, a quick ratio of 2.64 and a current ratio of 3.35. The firm has a market capitalization of $507.43 million, a P/E ratio of 72.35 and a beta of 1.52.
PlayAGS (NYSE:AGS - Get Free Report) last released its earnings results on Thursday, March 6th. The company reported $1.03 EPS for the quarter, beating analysts' consensus estimates of $0.15 by $0.88. The company had revenue of $102.98 million during the quarter, compared to analysts' expectations of $99.49 million. PlayAGS had a return on equity of 10.37% and a net margin of 1.89%. As a group, equities analysts forecast that PlayAGS Inc will post 0.31 EPS for the current year.
Hedge Funds Weigh In On PlayAGS
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Summit Investment Advisors Inc. increased its stake in shares of 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 acquiring an additional 1,063 shares in the last quarter. Quantbot Technologies LP purchased a new stake in PlayAGS in the fourth quarter worth about $91,000. ProShare Advisors LLC purchased a new stake in PlayAGS in the fourth quarter worth about $128,000. Entropy Technologies LP bought a new position in shares of PlayAGS during the first quarter valued at approximately $128,000. Finally, Polymer Capital Management US LLC purchased a new position in shares of PlayAGS during the fourth quarter valued at approximately $130,000. Hedge funds and other institutional investors own 77.44% of the company's stock.
PlayAGS Company Profile
(
Get Free Report)
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.
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