PlayAGS Inc. (AGS): Important & Key Factors of Consumer Cyclical Stock

PlayAGS Inc. (AGS) share price plummeted -1.13% with the closing price of $3.49 on Thursday. PlayAGS Inc. stock has an exchanging volume of 4.21 million shares, which is high, contrasted with its 3-months average volume of 356.61K shares. Its market capitalization has now reached to $124.28M and analysts have a consensus target price of $5.64 in the 12-month period.

AGS Partners With BetMGM To Provide Game Content For U.S. Real-Money Gaming On BetMGM, Borgata, partypoker Online Casinos on October 6, 2020 news published at Yahoo.

Credit Suisse announced it was Resumed coverage of PlayAGS Inc. in a research note on May 21, 2020. The analysts assigned a Neutral rating to the stock with a price target of $3. SunTrust rated the stock as a Hold in a research noted published on May 06, 2020. Deutsche Bank rated the stock as a Hold in a research note published on August 08, 2019.

AGS Past Trading Activity

The market tends to become urbane often, in any event, for prepared investors and traders. In any event, when a merchant got what he/she had expected, the market occasionally chooses to move the other way. This instability leads a few traders questioning and re-thinking their moves. This is the reason becoming acquainted with past price performance, just as both long and short time period, is significant. If we look the past performance, during the last one week, AGS price has dropped by -3.59%. In the course of past three months sees the stock go up around 1.75%, while it has gain 29.74% over the past six months and -71.23% since the start of the year.

AGS Earning History

Earnings per share are the amount of profit that a company produces during a specific period, which is usually defined as a quarter (three calendar months) or a year. In recent quarter of (Sep 2020), the firm recorded a revenue of 16.79 billion, which was higher than the gauge of 36.01M made by certain experts. For that equivalent quarter, PlayAGS Inc. posted -$1.2 earnings per share (EPS) which was underneath the consensus estimate of -$1.08 by -$0.12, which represents to a reduction by -11.10%.

AGS Price Performance

Let us presently take a gander at a portion of its probable help and opposition resistance. Late research on PlayAGS Inc. has seen its stock exchanging -23.38% underneath its three-month high price. A glance at the opposite side additionally observes stock exchanging +19.52% above its three-month low. A more extensive look sees AGS exchanging -73.13% beneath its 52-week high and 397.79% above from its 52-week low price.

AGS Instability & Beta Factor

The Volatility of a stock means that the stock’s drop or increase in the event that the more extensive market drops or rushes. A beta score higher than 1 implies that a stock is profoundly unpredictable while underneath 1 implies that the Volatility of a stock is low. If we look trading Volatility. Its 7-day Volatility is around 7.03%, while it has a month to month instability of 8.86%. The company has an ATR (Average True Range) of 0.31.

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