PlayAGS Inc (NYSE:AGS) CFO Kimo Akiona purchased 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, August 14th. The stock was bought at an average cost of $10.55 per share, with a total value of $105,500.00. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Kimo Akiona also recently made the following trade(s):

  • On Wednesday, June 5th, Kimo Akiona sold 1,005 shares of PlayAGS stock. The shares were sold at an average price of $18.70, for a total value of $18,793.50.

Shares of AGS stock traded up $0.31 on Friday, reaching $10.46. 519,000 shares of the stock were exchanged, compared to its average volume of 447,813. The stock has a market cap of $390.22 million, a P/E ratio of -69.73, a price-to-earnings-growth ratio of 16.38 and a beta of 0.86. The company has a quick ratio of 1.47, a current ratio of 2.04 and a debt-to-equity ratio of 4.00. The firm has a 50 day moving average of $17.84 and a two-hundred day moving average of $21.59. PlayAGS Inc has a 1-year low of $6.05 and a 1-year high of $32.80.

PlayAGS (NYSE:AGS) last released its quarterly earnings data on Wednesday, August 7th. The company reported ($0.07) EPS for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.23). The firm had revenue of $74.51 million for the quarter, compared to analyst estimates of $83.00 million. PlayAGS had a negative return on equity of 0.72% and a negative net margin of 4.62%. The company’s quarterly revenue was up 2.3% on a year-over-year basis. During the same quarter in the previous year, the company earned ($0.15) earnings per share. On average, equities research analysts predict that PlayAGS Inc will post 0.06 EPS for the current fiscal year.

Several hedge funds have recently added to or reduced their stakes in AGS. FMR LLC boosted its position in PlayAGS by 37.9% during the 4th quarter. FMR LLC now owns 1,585,184 shares of the company’s stock worth $36,459,000 after purchasing an additional 436,074 shares during the period. Quantitative Systematic Strategies LLC purchased a new stake in PlayAGS during the 1st quarter worth $241,000. Geode Capital Management LLC boosted its position in PlayAGS by 17.2% during the 4th quarter. Geode Capital Management LLC now owns 252,187 shares of the company’s stock worth $5,800,000 after purchasing an additional 36,964 shares during the period. LGT Capital Partners LTD. boosted its position in PlayAGS by 64.8% during the 2nd quarter. LGT Capital Partners LTD. now owns 103,000 shares of the company’s stock worth $2,003,000 after purchasing an additional 40,490 shares during the period. Finally, Metropolitan Life Insurance Co. NY boosted its position in PlayAGS by 356.6% during the 4th quarter. Metropolitan Life Insurance Co. NY now owns 7,237 shares of the company’s stock worth $166,000 after purchasing an additional 5,652 shares during the period. Institutional investors and hedge funds own 98.43% of the company’s stock.

A number of analysts have weighed in on AGS shares. Deutsche Bank cut PlayAGS from a “buy” rating to a “hold” rating and cut their price target for the company from $31.00 to $18.00 in a research note on Thursday, August 8th. Roth Capital cut their target price on PlayAGS from $35.00 to $27.00 and set a “buy” rating on the stock in a research report on Thursday, August 8th. ValuEngine cut PlayAGS from a “buy” rating to a “hold” rating in a research report on Tuesday, April 30th. Zacks Investment Research cut PlayAGS from a “hold” rating to a “strong sell” rating in a research report on Thursday, August 8th. Finally, Credit Suisse Group cut their target price on PlayAGS from $35.00 to $27.00 and set an “outperform” rating on the stock in a research report on Thursday, August 8th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and six have assigned a buy rating to the company’s stock. PlayAGS has a consensus rating of “Hold” and an average target price of $27.75.

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.

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