PlayAGS Inc (NYSE:AGS - Get Free Report) shares hit a new 52-week high during trading on Monday . The stock traded as high as $12.16 and last traded at $12.16, with a volume of 326222 shares traded. The stock had previously closed at $12.13.
PlayAGS Stock Performance
The stock has a 50-day moving average of $12.05 and a 200 day moving average of $11.86. The firm has a market capitalization of $500.87 million, a P/E ratio of 71.41 and a beta of 1.52. The company has a debt-to-equity ratio of 7.49, a quick ratio of 2.64 and a current ratio of 3.35.
PlayAGS (NYSE:AGS - Get Free Report) last announced its earnings results on Thursday, March 6th. The company reported $1.03 earnings per share 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 analyst estimates of $99.49 million. PlayAGS had a return on equity of 10.37% and a net margin of 1.89%. On average, research analysts anticipate that PlayAGS Inc will post 0.31 earnings per share for the current year.
Hedge Funds Weigh In On PlayAGS
Institutional investors have recently modified their holdings of the stock. Summit Investment Advisors Inc. increased its holdings in shares of PlayAGS by 34.9% in the fourth 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 in the last quarter. Quantbot Technologies LP acquired a new stake in shares of PlayAGS in the 4th quarter valued at $91,000. FNY Investment Advisers LLC acquired a new stake in shares of PlayAGS in the 4th quarter valued at $115,000. ProShare Advisors LLC bought a new stake in shares of PlayAGS during the fourth quarter worth $128,000. Finally, Polymer Capital Management US LLC acquired a new position in shares of PlayAGS during the fourth quarter valued at $130,000. 77.44% of the stock is owned by institutional investors.
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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