Inspired Entertainment (NASDAQ:INSE - Get Free Report) posted its earnings results on Monday. The company reported $0.16 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.29 by ($0.13), RTT News reports. Inspired Entertainment had a negative net margin of 0.10% and a negative return on equity of 6.35%. The company had revenue of $83.00 million during the quarter, compared to analyst estimates of $79.19 million.
Inspired Entertainment Stock Down 2.9 %
NASDAQ:INSE traded down $0.26 during trading hours on Friday, reaching $8.84. 165,676 shares of the stock were exchanged, compared to its average volume of 113,827. The firm has a 50 day simple moving average of $9.83 and a 200-day simple moving average of $9.52. Inspired Entertainment has a 52 week low of $7.51 and a 52 week high of $11.61. The stock has a market capitalization of $234.95 million, a P/E ratio of -883.12 and a beta of 1.38.
Analyst Ratings Changes
INSE has been the subject of a number of recent analyst reports. New Street Research set a $21.00 price objective on Inspired Entertainment in a research note on Friday, March 14th. JMP Securities restated a "market outperform" rating and set a $14.00 price objective on shares of Inspired Entertainment in a research note on Friday, March 14th. Finally, Truist Financial set a $19.00 price objective on Inspired Entertainment in a research note on Friday, March 14th.
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About Inspired Entertainment
(
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Inspired Entertainment, Inc, a gaming technology company, engages in the supply of content, platform, and other products and services to regulated lottery, betting, and gaming operators worldwide. It operates in four segments: Gaming, Virtual Sports, Interactive, and Leisure. The Gaming segment supplies gaming terminals and software to betting offices, casinos, gaming halls, and high street adult gaming centers; a portfolio of games through its digital terminals under the Centurion and Super Hot Fruits names; and traditional casino games, such as roulette, blackjack, and number games.
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