PlayAGS, Inc. (NYSE:AGS) traded at $3.15 at last check on Monday, Jun 29, making a downturn move of -5.69% on its previous day’s price.
Looking at the stock we see that its previous close was $3.34 and the beta (5Y monthly) reads 2.92 with the day’s price range being $3.0000 – 3.3800. In terms of its 52-week price range, AGS has a high of $21.59 and a low of $0.701. The company’s stock has gained about -39.54% over that past 30 days.
There have been 1 upward and no downward revisions for the stock’s EPS in last 7 days, something that reflects the nature of company’s price movement in short term. On the other hand, looking at the outlook for the AGS stock, short term indicators assign the stock an average of 50% Sell, while medium term indicators assign it an average of 100% Sell. Long term indicators on average place the stock in the category of 100% Sell.
Let’s briefly compare PlayAGS, (AGS) stock to its peers. We find that today’s price change of -5.69% and -83.8% over the past 12 months for AGS competes that of Las Vegas Sands (LVS), which has seen its stock price rise 3.05% in the latest trading session and is -24.44% over the last one year. Another of its peers Zynga Inc Cl A (ZNGA) has dropped -0.21% today, and is +55.95% up over the past year, while Caesars Entertainment Corp (CZR) is also down -5.69% yet its price remains in the red at -83.8% over the same period. Las has a P/E ratio of 16.25 compared to PlayAGS,’s 0 and Zynga’s 149.38. In contrast to these companies, both the S&P 500 Index and the Dow Jones Industrial are today at 2.32% and 1.47%, respectively, in early deals.
Coming back to PlayAGS, Inc. (NYSE:AGS), we note that the average 3-month trading volume was 969.24 Million, while that of the preceding 10-day period stands at 857.77 Million. Current shares outstanding are 35.6 Million.
According to data from Thomson Reuters, insiders hold 0.7% of the company’s shares while institutions hold 96.55%. The data shows that short shares as of June 14, 2020, stood at 676.81 Million at a short ratio of 0.75. This represents a 1.9% Short interest in Shares outstanding on June 14, 2020. Shares short rose in June from the previous month at 675.23 Million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock -74.03% down in year-to-date price movement.