AlphaQuest LLC Sells 17,445 Shares of PlayAGS Inc (NYSE:AGS)

AlphaQuest LLC decreased its stake in PlayAGS Inc (NYSE:AGS) by 51.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 16,640 shares of the company’s stock after selling 17,445 shares during the quarter. AlphaQuest LLC’s holdings in PlayAGS were worth $192,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. FNY Investment Advisers LLC acquired a new stake in shares of PlayAGS in the 4th quarter valued at approximately $115,000. Burren Capital Advisors Ltd bought a new position in PlayAGS during the 4th quarter worth approximately $171,000. Murchinson Ltd. bought a new position in PlayAGS during the 3rd quarter worth approximately $194,000. SG Americas Securities LLC boosted its stake in PlayAGS by 38.9% during the 4th quarter. SG Americas Securities LLC now owns 18,347 shares of the company’s stock worth $212,000 after acquiring an additional 5,135 shares during the last quarter. Finally, Harbor Capital Advisors Inc. boosted its stake in PlayAGS by 21.4% during the 4th quarter. Harbor Capital Advisors Inc. now owns 20,372 shares of the company’s stock worth $235,000 after acquiring an additional 3,591 shares during the last quarter. Institutional investors own 77.44% of the company’s stock.

PlayAGS Stock Up 0.5 %

PlayAGS stock opened at $12.01 on Monday. The company’s 50 day simple moving average is $11.98 and its 200 day simple moving average is $11.68. PlayAGS Inc has a fifty-two week low of $8.23 and a fifty-two week high of $12.16. The firm has a market capitalization of $495.30 million, a price-to-earnings ratio of 70.62 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.

PlayAGS (NYSE:AGS) last released 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 net margin of 1.89% and a return on equity of 10.37%. The business had revenue of $102.98 million for the quarter, compared to analyst estimates of $99.49 million. As a group, sell-side analysts anticipate 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.