Everi Holdings Inc. (NYSE:EVRI - Get Free Report) shares saw an uptick in trading volume on Wednesday . 696,981 shares changed hands during mid-day trading, an increase of 19% from the previous session's volume of 586,239 shares.The stock last traded at $13.64 and had previously closed at $13.68.
Analysts Set New Price Targets
Separately, StockNews.com began coverage on Everi in a report on Monday, March 10th. They issued a "hold" rating for the company. Five investment analysts have rated the stock with a hold rating, According to data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $12.83.
View Our Latest Report on EVRI
Everi Stock Down 0.2 %
The business has a 50-day moving average price of $13.66 and a 200-day moving average price of $13.43. The company has a market capitalization of $1.17 billion, a price-to-earnings ratio of 90.44 and a beta of 2.05. The company has a quick ratio of 0.97, a current ratio of 1.06 and a debt-to-equity ratio of 3.84.
Insider Transactions at Everi
In related news, Director Geoffrey P. Judge sold 7,332 shares of the company's stock in a transaction on Monday, March 10th. The stock was sold at an average price of $13.73, for a total transaction of $100,668.36. Following the transaction, the director now directly owns 84,240 shares of the company's stock, valued at approximately $1,156,615.20. The trade was a 8.01 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 6.40% of the stock is owned by insiders.
Institutional Inflows and Outflows
Large investors have recently bought and sold shares of the business. Vestcor Inc acquired a new position in Everi during the fourth 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 buying an additional 5,470 shares during the period. AlphaQuest LLC raised its position in Everi by 97.8% during the fourth quarter. AlphaQuest LLC now owns 9,449 shares of the credit services provider's stock valued at $128,000 after buying an additional 4,671 shares during the period. EP Wealth Advisors LLC acquired a new position in Everi during the fourth quarter valued at $143,000. Finally, Proficio Capital Partners LLC acquired a new position in Everi during the fourth quarter valued at $151,000. 95.47% of the stock is owned by institutional investors and hedge funds.
Everi Company Profile
(
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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.
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