The stock of PlayAGS Inc (AGS) has seen a 6.22% increase in the past week, with a 5.06% gain in the past month, and a 17.62% flourish in the past quarter. The volatility ratio for the week is 3.30%, and the volatility levels for the past 30 days are at 3.99% for AGS. The simple moving average for the last 20 days is 7.94% for AGS stock, with a simple moving average of 26.73% for the last 200 days.
Is It Worth Investing in PlayAGS Inc (NYSE: AGS) Right Now?
The price-to-earnings ratio for PlayAGS Inc (NYSE: AGS) is above average at 844.16x. The 36-month beta value for AGS is also noteworthy at 2.42. There are mixed opinions on the stock, with 3 analysts rating it as a “buy,” 2 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”
The public float for AGS is 37.68M, and at present, short sellers hold a 1.50% of that float. The average trading volume of AGS on April 05, 2024 was 293.92K shares.
AGS) stock’s latest price update
The stock price of PlayAGS Inc (NYSE: AGS) has surged by 12.49 when compared to previous closing price of 8.48, but the company has seen a 6.22% gain in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-03-06 that PlayAGS’ (AGS) fourth-quarter 2023 results reflect double-digit growth across all three operating segments.
Analysts’ Opinion of AGS
JMP Securities, on the other hand, stated in their research note that they expect to see AGS reach a price target of $11. The rating they have provided for AGS stocks is “Mkt Outperform” according to the report published on September 07th, 2023.
Jefferies gave a rating of “Buy” to AGS, setting the target price at $10 in the report published on May 15th of the previous year.
AGS Trading at 6.56% from the 50-Day Moving Average
After a stumble in the market that brought AGS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -2.86% of loss for the given period.
Volatility was left at 3.99%, however, over the last 30 days, the volatility rate increased by 3.30%, as shares sank -1.15% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +15.17% upper at present.
During the last 5 trading sessions, AGS rose by +5.68%, which changed the moving average for the period of 200-days by +70.07% in comparison to the 20-day moving average, which settled at $8.83. In addition, PlayAGS Inc saw 13.16% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at AGS starting from CHIBIB ADAM, who purchase 2,000 shares at the price of $5.80 back on May 17 ’23. After this action, CHIBIB ADAM now owns 40,122 shares of PlayAGS Inc, valued at $11,600 using the latest closing price.
Massion Anna, the Director of PlayAGS Inc, purchase 5,000 shares at $6.00 during a trade that took place back on May 16 ’23, which means that Massion Anna is holding 39,036 shares at $29,980 based on the most recent closing price.
Stock Fundamentals for AGS
Current profitability levels for the company are sitting at:
- 0.16 for the present operating margin
- 0.65 for the gross margin
The net margin for PlayAGS Inc stands at 0.0. The total capital return value is set at 0.09. Equity return is now at value 0.73, with 0.06 for asset returns.
Based on PlayAGS Inc (AGS), the company’s capital structure generated 0.89 points at debt to capital in total, while cash flow to debt ratio is standing at 0.16. The debt to equity ratio resting at 8.2. The interest coverage ratio of the stock is 1.01.
Currently, EBITDA for the company is 135.78 million with net debt to EBITDA at 3.62. When we switch over and look at the enterprise to sales, we see a ratio of 2.48. The receivables turnover for the company is 5.2for trailing twelve months and the total asset turnover is 0.52. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.48.
Conclusion
In summary, PlayAGS Inc (AGS) has had a better performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
