International Game Technology PLC (NYSE:IGT) shares, rose in value, with the stock price down by -1.10% to the previous day’s close as strong demand from buyers drove the stock to $20.62.
Actively observing the price movement in the last trading, the stock closed the session at $20.85. The PE ratio was 19.57 over 12-month period. Referring to stock’s 52-week performance, its high was $33.99, and the low was $18.90. On the whole, IGT has fluctuated by 1.53% over the past month.
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The company’s Forward Dividend Ratio is 0.80, with its dividend yield at 3.88%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 4.4B, with a low estimate of 1.05B and a high estimate of 1.07B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 1.06B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that IGT’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 0.58, with the price of IGT currently trading nearly 1.00% and 1.16% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 50.91, while the 7-day volatility ratio is showing 2.77% which for the 30-day chart, stands at 2.15%. Furthermore, International Game Technology PLC (IGT)’s beta value is 1.99, and its average true range (ATR) is 0.51.
A comparison of International Game Technology PLC (IGT) with its peers suggests the former has fared considerably weaker in the market. IGT showed an intraday change of -1.10% in last session, and over the past year, it shrunk by -37.91%%.
Data on historical trading for International Game Technology PLC (NYSE:IGT) indicates that the trading volumes over the past 3 months, they’ve averaged 1.11 million. According to company’s latest data on outstanding shares, there are 200.48 million shares outstanding.
Nearly 46.61% of International Game Technology PLC’s shares belong to company insiders and institutional investors own 45.64% of the company’s shares. The stock has fallen by -24.77% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the IGT stock heading into the next quarter.
