Credit Industriel ET Commercial Invests $2.36 Million in PlayAGS Inc (NYSE:AGS)

Credit Industriel ET Commercial purchased a new stake in PlayAGS Inc (NYSE:AGS - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 204,864 shares of the company's stock, valued at approximately $2,362,000. Credit Industriel ET Commercial owned approximately 0.50% of PlayAGS at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. State Street Corp grew its holdings in PlayAGS by 1.3% in the 3rd quarter. State Street Corp now owns 751,949 shares of the company's stock valued at $8,565,000 after buying an additional 9,816 shares in the last quarter. Jane Street Group LLC increased its position in PlayAGS by 15.1% during the third quarter. Jane Street Group LLC now owns 78,786 shares of the company's stock worth $897,000 after purchasing an additional 10,362 shares during the last quarter. Barclays PLC raised its stake in PlayAGS by 161.7% during the third quarter. Barclays PLC now owns 548,073 shares of the company's stock worth $6,243,000 after purchasing an additional 338,642 shares during the period. Virtu Financial LLC acquired a new position in PlayAGS in the 3rd quarter valued at about $313,000. Finally, Principal Financial Group Inc. purchased a new stake in shares of PlayAGS in the 3rd quarter valued at approximately $237,000. Institutional investors and hedge funds own 77.44% of the company's stock.

PlayAGS Trading Up 0.1 %

Shares of NYSE AGS traded up $0.01 during midday trading on Friday, reaching $12.09. 137,313 shares of the stock were exchanged, compared to its average volume of 373,054. PlayAGS Inc has a twelve month low of $8.23 and a twelve month high of $12.16. The stock has a market capitalization of $498.81 million, a P/E ratio of 71.12 and a beta of 1.88. The company has a 50 day simple moving average of $12.04 and a 200 day simple moving average of $11.82. The company has a debt-to-equity ratio of 7.49, a quick ratio of 2.64 and a current ratio of 3.35.

PlayAGS (NYSE:AGS - Get Free Report) last posted its earnings results on Thursday, March 6th. The company reported $1.03 EPS for the quarter, beating analysts' consensus estimates of $0.15 by $0.88. The company had revenue of $102.98 million for the quarter, compared to the consensus estimate of $99.49 million. PlayAGS had a return on equity of 10.37% and a net margin of 1.89%. As a group, equities analysts expect that PlayAGS Inc will post 0.31 earnings per share for the current year.

PlayAGS Profile

AGS is a global company focused on creating a diverse mix of entertaining gaming experiences for every kind of player. Their roots are firmly planted in the Class II Native American gaming market, but their customer-centric culture and growth have helped them branch out to become a leading all-inclusive commercial gaming supplier.