Quantbot Technologies LP Takes Position in PlayAGS Inc (NYSE:AGS)

Quantbot Technologies LP acquired a new position in shares of PlayAGS Inc (NYSE:AGS) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 7,850 shares of the company’s stock, valued at approximately $91,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. FMR LLC increased its stake in shares of PlayAGS by 59.1% in the 3rd quarter. FMR LLC now owns 167,911 shares of the company’s stock worth $1,913,000 after acquiring an additional 62,396 shares during the last quarter. Athos Capital Ltd grew its holdings in shares of PlayAGS by 10.0% in the third quarter. Athos Capital Ltd now owns 110,000 shares of the company’s stock valued at $1,253,000 after purchasing an additional 10,000 shares during the period. Centiva Capital LP increased its position in PlayAGS by 5.9% during the third quarter. Centiva Capital LP now owns 264,870 shares of the company’s stock worth $3,017,000 after purchasing an additional 14,870 shares during the last quarter. Harvest Management LLC raised its stake in PlayAGS by 14.3% during the third quarter. Harvest Management LLC now owns 22,400 shares of the company’s stock worth $255,000 after purchasing an additional 2,800 shares during the period. Finally, Murchinson Ltd. acquired a new position in PlayAGS in the 3rd quarter valued at about $194,000. Institutional investors and hedge funds own 77.44% of the company’s stock.

PlayAGS Stock Performance

PlayAGS stock opened at $12.11 on Tuesday. The stock has a market cap of $499.43 million, a price-to-earnings ratio of 71.21 and a beta of 2.37. The company has a debt-to-equity ratio of 7.49, a current ratio of 3.35 and a quick ratio of 2.64. The firm has a 50 day simple moving average of $12.06 and a 200-day simple moving average of $11.74. PlayAGS Inc has a 1-year low of $8.23 and a 1-year high of $12.16.

PlayAGS (NYSE:AGS) last issued its quarterly earnings data on Thursday, March 6th. The company reported $1.03 earnings per share for the quarter, topping the consensus estimate of $0.15 by $0.88. PlayAGS had a return on equity of 10.37% and a net margin of 1.89%. The company had revenue of $102.98 million during the quarter, compared to analyst estimates of $99.49 million. On average, analysts expect that PlayAGS Inc will post 0.31 EPS for the current year.

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.