PlayAGS Inc. (NYSE:AGS) went up by 0.55% during the previous trading session, and it is maintaining the win ahead of Thursday’s trading session. The share price of the Gambling giant went up by $3.65 to trade ended Thursday trading at $3.63. This is up from the $3.63 price recorded on Wednesday’s trading session. Thanks to this latest performance, AGS is closer to the higher price 52-week target of $8.50 and further from the lowest price target of $3.00. Its performance from the start of the year has also been negative, with AGS down by -69.91% year-to-date.
PlayAGS Inc. (AGS) started the day trading at $3.77 and recorded an intraday high of $3.85. It also recorded an intraday low of $3.55 during Thursday’s trading session. PlayAGS Inc. is a very active stock that recorded a trading volume that is less than -111.33% of the average daily trading volume on Thursday. The stock’s trading volume on Thursday was 468068, which is less than -111.33 of the total average daily trading volume of 989.17K.
PlayAGS Inc. (NYSE:AGS) 2020 Performance Impressive
The increase in AGS’s stock price on Thursday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of AGS currently stands at $21.59, which is higher than the current trading price of the stock by 83.09%. However, AGS’s current trading price is -421.43% lower than the 52-week low price of $0.70. In terms of trading volume, PlayAGS Inc. currently experienced healthy participation during the last trading session. 468068 shares of PlayAGS Inc. were traded on the stock exchange on Thursday, which is less than -111.33% of the 989.17K average trading volume of the stock.
The performance of the stock has been positive over the past year. AGS’s performance over the past one year has seen it plunge by -82.38%, while the stock has gone down by -69.88% in the last six months. The quarterly performance of AGS currently stands at 135.48%, and it is down by -27.29% in the last month. The only negative figure was from the weekly performance, which currently reads -2.14%. At the time of writing AGS’s report, the company has a total market cap of $145.12M, making it one of the largest publicly-traded companies in the world.PlayAGS Inc. also has over 762 employees all over the world.
AGS Insider Activities
For PlayAGS Inc., insiders hold 89.90% of all company shares. The insider transactions over the past six months are down by -94.00%. During that period, insiders bought 37,963 shares in 8 transactions. In that same period, insiders sold 7,722 of their shares in 4 transactions. After these transactions, insiders at PlayAGS Inc. now hold 249.23k shares, which is over 96.55% of the total company stocks. Institutional investors currently hold a large chunk of the AGS shares, as they control 0.70% of the company’s total stock.
AGS Fundamental Analysis
For PlayAGS Inc., the stock’s diluted earnings per share (EPS) stands at -0.74. In the coming year, analysts expect the EPS to be -1.11. The stock’s EPS growth this year is 43.60%, with analysts expecting almost a 1 growth in the earnings per share next week. In terms of revenue, PlayAGS Inc.’s quarterly sales (YOY) is shrinking at -1.09, which is lower than the average annual revenue of 17.00% over the past half a decade.
The Return on Investment (ROI) on PlayAGS Inc.’s stock currently stands at 4.40%, and it has a net profit margin of -9.10%. The operating margin of the company is 3.60%, and its gross margin is 71.30%.
AGS Analysts Prediction
In May 21, 2020, several analysts reiterated their positions on the PlayAGS Inc. stock and predicted its performance to their investors. The analysts at Credit Suisse believe AGS is still a Neutral and set the price target between $24 and $3. Another analyst that has a Hold rating for AGS is Deutsche Bank, which set a price target of between $31 and $18.
ROTH Capital and SunTrust also believe that PlayAGS Inc.’s stock is outperforming at the moment.
At the moment, PlayAGS Inc.’s Total Debt to Equity ratio stands at 4.92, and they have a long-term Debt to Equity ratio of 4.87.
AGS Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of AGS currently stands at -16.56%, while the SMA50 is -13.40%. The biggest one is the SMA200, which is currently reading -54.21% ahead of Thursday’s trading session. The Relative Strength Index of this stock is 42.11.