PlayAGS (NYSE:AGS – Get Free Report)‘s stock had its “hold” rating reissued by equities researchers at Truist Financial in a research report issued to clients and investors on Monday, Benzinga reports. They currently have a $12.50 price objective on the stock, down from their previous price objective of $13.00. Truist Financial’s price objective indicates a potential upside of 9.27% from the stock’s current price.
Several other equities research analysts have also weighed in on AGS. JMP Securities reissued a “market outperform” rating and set a $13.00 price objective on shares of PlayAGS in a research note on Monday, April 1st. B. Riley initiated coverage on PlayAGS in a research note on Friday, April 5th. They set a “buy” rating and a $16.00 price objective for the company. One research analyst has rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat, PlayAGS currently has an average rating of “Moderate Buy” and a consensus price target of $12.10.
Read Our Latest Research Report on AGS
PlayAGS Stock Performance
AGS opened at $11.44 on Monday. The firm has a market cap of $451.42 million, a PE ratio of 1,145.15 and a beta of 2.38. The company has a quick ratio of 2.60, a current ratio of 3.38 and a debt-to-equity ratio of 7.30. The business has a fifty day simple moving average of $9.07 and a 200-day simple moving average of $8.47. PlayAGS has a fifty-two week low of $5.10 and a fifty-two week high of $11.51.
Institutional Trading of PlayAGS
Several hedge funds and other institutional investors have recently modified their holdings of AGS. Panagora Asset Management Inc. acquired a new stake in shares of PlayAGS in the third quarter worth $76,000. M&T Bank Corp boosted its position in shares of PlayAGS by 7.0% in the third quarter. M&T Bank Corp now owns 193,286 shares of the company’s stock worth $1,260,000 after buying an additional 12,650 shares during the period. Los Angeles Capital Management LLC boosted its position in shares of PlayAGS by 1,708.2% in the third quarter. Los Angeles Capital Management LLC now owns 291,699 shares of the company’s stock worth $1,902,000 after buying an additional 275,567 shares during the period. Jump Financial LLC acquired a new stake in shares of PlayAGS in the third quarter worth $86,000. Finally, Quantbot Technologies LP raised its holdings in shares of PlayAGS by 254.0% during the third quarter. Quantbot Technologies LP now owns 13,269 shares of the company’s stock worth $87,000 after acquiring an additional 9,521 shares in the last quarter. Institutional investors and hedge funds own 77.44% of the company’s stock.
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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Source: defenseworld.net
