Everi Holdings Inc. (NYSE:EVRI - Get Free Report)'s stock price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $13.73 and last traded at $13.72, with a volume of 4992 shares changing hands. The stock had previously closed at $13.69.
Analyst Ratings Changes
Separately, StockNews.com started coverage on shares of Everi in a research note on Friday. They issued a "hold" rating on the stock. Six research analysts have rated the stock with a hold rating, According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $12.88.
Read Our Latest Stock Analysis on Everi
Everi Stock Performance
The company has a debt-to-equity ratio of 3.84, a quick ratio of 0.97 and a current ratio of 1.06. The stock has a market cap of $1.18 billion, a P/E ratio of 91.57 and a beta of 2.05. The firm has a 50 day moving average of $13.57 and a two-hundred day moving average of $13.33.
Insiders Place Their Bets
In other Everi news, EVP Darren Simmons sold 50,000 shares of the business's stock in a transaction that occurred on Thursday, December 12th. The stock was sold at an average price of $13.46, for a total transaction of $673,000.00. Following the transaction, the executive vice president now owns 140,425 shares of the company's stock, valued at $1,890,120.50. The trade was a 26.26 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP David Lucchese sold 45,476 shares of the stock in a transaction that occurred on Monday, December 9th. The shares were sold at an average price of $13.48, for a total value of $613,016.48. Following the completion of the sale, the executive vice president now directly owns 542,928 shares of the company's stock, valued at approximately $7,318,669.44. The trade was a 7.73 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 239,476 shares of company stock worth $3,221,716 over the last ninety days. 6.40% of the stock is currently owned by corporate insiders.
Hedge Funds Weigh In On Everi
A number of institutional investors have recently bought and sold shares of EVRI. Vestcor Inc acquired a new position in Everi in the 4th quarter valued at $28,000. Huntington National Bank raised its position in Everi by 1,296.2% during the third quarter. Huntington National Bank now owns 5,892 shares of the credit services provider's stock valued at $77,000 after purchasing an additional 5,470 shares in the last quarter. AlphaQuest LLC raised its stake in Everi by 97.8% during the fourth quarter. AlphaQuest LLC now owns 9,449 shares of the credit services provider's stock worth $128,000 after acquiring an additional 4,671 shares in the last quarter. EP Wealth Advisors LLC bought a new position in Everi in the 4th quarter valued at approximately $143,000. Finally, Proficio Capital Partners LLC bought a new position in Everi in the fourth quarter valued at about $151,000. Institutional investors and hedge funds own 95.47% of the company's stock.
Everi Company Profile
(
Get Free Report)
Everi Holdings Inc develops and supplies entertaining game content, gaming machines, and gaming systems and services for land-based and iGaming operators in the United States, Canada, and internationally. It operates in Games and Financial Technology Solutions segments. The company offers classic mechanical reel games and video reel games, as well as TournEvent of Champions, a national slot tournament; and sells gaming equipment and player terminals, licenses, game content, and ancillary equipment, such as signage and lighting packages.
Featured Articles
Before you consider Everi, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Everi wasn't on the list.
While Everi currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
