Full House Resorts’ (FLL) Market Outperform Rating Reaffirmed at JMP Securities

JMP Securities restated their market outperform rating on shares of Full House Resorts (NASDAQ:FLL) in a research note released on Monday morning,Benzinga reports. The firm currently has a $6.00 price target on the stock.

Separately, B. Riley decreased their price target on Full House Resorts from $9.00 to $8.00 and set a “buy” rating for the company in a research note on Thursday, November 7th.

Full House Resorts Price Performance

Shares of FLL opened at $4.76 on Monday. The company has a quick ratio of 0.83, a current ratio of 0.87 and a debt-to-equity ratio of 9.04. The stock has a market cap of $169.46 million, a PE ratio of -4.03 and a beta of 1.92. Full House Resorts has a 12-month low of $3.77 and a 12-month high of $5.94. The business has a 50-day simple moving average of $4.52 and a two-hundred day simple moving average of $4.87.

Insider Buying and Selling

In other Full House Resorts news, CFO Lewis A. Fanger sold 7,597 shares of Full House Resorts stock in a transaction on Friday, January 17th. The shares were sold at an average price of $5.00, for a total transaction of $37,985.00. Following the transaction, the chief financial officer now directly owns 254,658 shares of the company’s stock, valued at $1,273,290. The trade was a 2.90 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Kathleen M. Caracciolo sold 8,900 shares of the firm’s stock in a transaction dated Thursday, December 12th. The shares were sold at an average price of $4.43, for a total transaction of $39,427.00. Following the transaction, the director now directly owns 40,997 shares in the company, valued at $181,616.71. The trade was a 17.84 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 61,359 shares of company stock worth $303,196 in the last quarter. Insiders own 12.70% of the company’s stock.

Institutional Investors Weigh In On Full House Resorts

Large investors have recently made changes to their positions in the business. R Squared Ltd bought a new stake in shares of Full House Resorts in the 4th quarter worth approximately $26,000. B. Riley Wealth Advisors Inc. bought a new stake in shares of Full House Resorts in the second quarter valued at $50,000. KG&L Capital Management LLC purchased a new position in shares of Full House Resorts during the 3rd quarter valued at $50,000. SG Americas Securities LLC bought a new position in shares of Full House Resorts during the 3rd quarter worth $54,000. Finally, Barclays PLC increased its holdings in Full House Resorts by 268.5% in the 3rd quarter. Barclays PLC now owns 43,247 shares of the company’s stock worth $217,000 after acquiring an additional 31,512 shares during the last quarter. 37.68% of the stock is owned by hedge funds and other institutional investors.

About Full House Resorts

Full House Resorts, Inc owns, leases, operates, develops, manages, and invests in casinos, and related hospitality and entertainment facilities in the United States. It operates through Midwest & South, West, and Contracted Sports Wagering segments. The company's properties include American Place in Waukegan, Illinois; Silver Slipper Casino and Hotel in Hancock County, Mississippi; Rising Star Casino Resort in Rising Sun, Indiana; Bronco Billy's Casino and Chamonix Casino Hotel in Cripple Creek, Colorado; Stockman's Casino in Fallon, Nevada; and Grand Lodge Casino, located within the Hyatt Regency Lake Tahoe Resort, Spa and Casino in Incline Village, Nevada.