In the past week, AGS stock has gone up by 29.58%, with a monthly gain of 21.95% and a quarterly surge of 27.69%. The volatility ratio for the week is 4.86%, and the volatility levels for the last 30 days are 4.02% for PlayAGS Inc The simple moving average for the last 20 days is 30.45% for AGS stock, with a simple moving average of 44.50% 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 1007.96x, which is above its average ratio. Moreover, the 36-month beta value for AGS is 2.36. Analysts have varying opinions on the stock, with 3 analysts rating it as a “buy,” 2 as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for AGS is 38.78M and currently, short sellers hold a 0.97% of that float. On May 09, 2024, AGS’s average trading volume was 276.61K shares.
AGS) stock’s latest price update
PlayAGS Inc (NYSE: AGS) has seen a rise in its stock price by 27.12 in relation to its previous close of 8.96. However, the company has experienced a 29.58% gain in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-05-08 that Looking beyond Wall Street’s top -and-bottom-line estimate forecasts for PlayAGS (AGS), delve into some of its key metrics to gain a deeper insight into the company’s potential performance for the quarter ended March 2024.
Analysts’ Opinion of AGS
Many brokerage firms have already submitted their reports for AGS stocks, with B. Riley Securities repeating the rating for AGS by listing it as a “Buy.” The predicted price for AGS in the upcoming period, according to B. Riley Securities is $16 based on the research report published on April 05, 2024 of the current year 2024.
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 28.08% 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 able to rebound, for now settling with 12.33% of gains for the given period.
Volatility was left at 4.02%, however, over the last 30 days, the volatility rate increased by 4.86%, as shares surge +24.75% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +21.79% upper at present.
During the last 5 trading sessions, AGS rose by +28.44%, which changed the moving average for the period of 200-days by +74.23% in comparison to the 20-day moving average, which settled at $8.84. In addition, PlayAGS Inc saw 35.11% 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:
- 0.18 for the present operating margin
- 0.65 for the gross margin
The net margin for PlayAGS Inc stands at 0.01. The total capital return value is set at 0.11. 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 0.88 points at debt to capital in total, while cash flow to debt ratio is standing at 0.2. The debt to equity ratio resting at 7.49. The interest coverage ratio of the stock is 1.15.
Currently, EBITDA for the company is 135.78 million with net debt to EBITDA at 3.46. When we switch over and look at the enterprise to sales, we see a ratio of 2.62. The receivables turnover for the company is 5.2for trailing twelve months and the total asset turnover is 0.55. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.48.
Conclusion
To wrap up, the performance of PlayAGS Inc (AGS) has been better in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
