PlayAGS Inc (NYSE:AGS) price on Thursday, May 09, rose 25.84% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $11.27.
A look at the stock’s price movement, the level at last check in today’s session was $8.96. The PE ratio in trailing twelve months stood at 997.79. Turning to its 52-week performance, $10.14 and $4.53 were the 52-week high and 52-week low respectively. Overall, AGS moved 20.72% over the past month.
PlayAGS Inc’s market cap currently stands at around $453.37 million.
Analysts have a consensus estimate of 87.49M for the company’s revenue for the quarter, with a low and high estimate of 84.64M and 90.2M respectively. The average forecast suggests up to a 5.20% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 371.79M, representing a 4.30% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that AGS is a 50% Buy. On the other hand, the stock is on average a 100% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.
AGS’s current price about 29.13% and 26.79% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 74.44, while 7-day volatility ratio is 4.86% and 4.02% in the 30-day chart. Further, PlayAGS Inc (AGS) has a beta value of 2.36, and an average true range (ATR) of 0.52.
If we refocus on PlayAGS Inc (NYSE:AGS), historical trading data shows that trading volumes averaged 276.61K over the past 3 months. The company’s latest data on shares outstanding shows there are 38.95 million shares.
The 3.54% of PlayAGS Inc’s shares are in the hands of company insiders while institutional holders own 78.32% of the company’s shares. Current price change has pushed the stock 33.75% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the AGS stock continues to rise going into the next quarter.