NeoGames S.A. (NASDAQ:NGMS) went up by 2.77% from its latest closing price compared to the recent 1-year high of $73.54. The company’s stock price has collected -13.76% of loss in the last five trading sessions. Press Release reported 15 hours ago that NeoGames Announces the Pricing of an Underwritten Public Offering of Ordinary Shares
Is It Worth Investing in NeoGames S.A. (NASDAQ :NGMS) Right Now?
NeoGames S.A. (NASDAQ:NGMS) scored a price-to-earnings ratio above its average ratio, recording 110.28 x from its present earnings ratio. Opinions of the stock are interesting as 3 analysts out of 3 who provided ratings for NeoGames S.A. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $62.33, which is $24.15 above the current price. NGMS currently public float of 5.53M and currently shorts hold a 3.51% ratio of that float. Today, the average trading volume of NGMS was 128.37K shares.
NGMS’s Market Performance
NGMS stocks went down by -13.76% for the week, with a monthly drop of -16.11% and a quarterly performance of -43.84%. The volatility ratio for the week stands at 10.07% while the volatility levels for the past 30 days are set at 6.26% for NeoGames S.A.. The simple moving average for the period of the last 20 days is -5.71% for NGMS stocks with a simple moving average of -8.51% for the last 200 days.
Analysts’ Opinion of NGMS
Many brokerage firms have already submitted their reports for NGMS stocks, with Macquarie repeating the rating for NGMS by listing it as a “Outperform.” The predicted price for NGMS in the upcoming period, according to Macquarie is $28 based on the research report published on December 15th of the previous year 2020.
Truist, on the other hand, stated in their research note that they expect to see NGMS reach a price target of $28. The rating they have provided for NGMS stocks is “Buy” according to the report published on December 14th, 2020.
Stifel gave a rating of “Buy” to NGMS, setting the target price at $27 in the report published on December 14th of the previous year.
NGMS Trading at -20.45% from the 50-Day Moving Average
After a stumble in the market that brought NGMS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -48.08% of loss for the given period.
Volatility was left at 6.26%, however, over the last 30 days, the volatility rate increased by 10.07%, as shares sank -9.35% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -37.58% lower at present.
During the last 5 trading sessions, NGMS fell by -13.76%, which changed the moving average for the period of 200-days by +84.27% in comparison to the 20-day moving average, which settled at $40.30. In addition, NeoGames S.A. saw 0.50% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for NGMS
Current profitability levels for the company are sitting at:
- +23.64 for the present operating margin
- +62.72 for the gross margin
The net margin for NeoGames S.A. stands at +13.24. The total capital return value is set at 20.56, while invested capital returns managed to touch 13.88.
Based on NeoGames S.A. (NGMS), the company’s capital structure generated 66.67 points at debt to equity in total, while total debt to capital is 40.00. Total debt to assets is 35.82, with long-term debt to equity ratio resting at 59.54. Finally, the long-term debt to capital ratio is 35.72.
When we switch over and look at the enterprise to sales, we see a ratio of 17.93, with the company’s debt to enterprise value settled at 0.04. The receivables turnover for the company is 9.62 and the total asset turnover is 0.77. The liquidity ratio also appears to be rather interesting for investors as it stands at 5.64.