Full House Resorts' (FLL) Market Outperform Rating Reaffirmed at JMP Securities

JMP Securities restated their market outperform rating on shares of Full House Resorts (NASDAQ:FLL - Free Report) in a research note released on Thursday morning,Benzinga reports. The brokerage currently has a $6.00 target price on the stock.

Separately, B. Riley lowered their price target on Full House Resorts from $9.00 to $8.00 and set a "buy" rating on the stock in a research report on Thursday, November 7th.

Full House Resorts Price Performance

Shares of FLL stock traded down $0.01 during trading hours on Thursday, hitting $4.88. The company had a trading volume of 92,561 shares, compared to its average volume of 209,056. Full House Resorts has a 12 month low of $3.77 and a 12 month high of $5.94. The company has a debt-to-equity ratio of 9.04, a quick ratio of 0.83 and a current ratio of 0.87. The firm's fifty day moving average is $4.53 and its 200 day moving average is $4.88. The firm has a market capitalization of $173.73 million, a price-to-earnings ratio of -4.14 and a beta of 1.92.

Insider Transactions at Full House Resorts

In other news, CFO Lewis A. Fanger sold 37,738 shares of the stock in a transaction on Thursday, November 21st. The stock was sold at an average price of $5.05, for a total transaction of $190,576.90. Following the sale, the chief financial officer now owns 254,658 shares in the company, valued at approximately $1,286,022.90. This represents a 12.91 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Kathleen M. Caracciolo sold 8,900 shares of the firm's stock in a transaction on Thursday, December 12th. The shares were sold at an average price of $4.43, for a total value of $39,427.00. Following the completion of the sale, the director now owns 40,997 shares of the company's stock, valued at approximately $181,616.71. This trade represents a 17.84 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 55,134 shares of company stock valued at $272,037. Corporate insiders own 12.70% of the company's stock.

Hedge Funds Weigh In On Full House Resorts

Institutional investors have recently modified their holdings of the stock. B. Riley Wealth Advisors Inc. acquired a new stake in shares of Full House Resorts in the second quarter valued at approximately $50,000. KG&L Capital Management LLC bought a new position in Full House Resorts in the 3rd quarter valued at $50,000. SG Americas Securities LLC bought a new stake in shares of Full House Resorts during the third quarter worth $54,000. Aristeia Capital L.L.C. bought a new stake in shares of Full House Resorts during the second quarter worth $140,000. Finally, Barclays PLC lifted its stake in shares of Full House Resorts by 268.5% during the third quarter. Barclays PLC now owns 43,247 shares of the company's stock valued at $217,000 after acquiring an additional 31,512 shares during the period. 37.68% of the stock is owned by institutional investors.

Full House Resorts Company Profile

Full House Resorts, Inc owns, leases, operates, develops, manages, and invests in casinos, and related hospitality and entertainment facilities in the United States. It operates through Midwest & South, West, and Contracted Sports Wagering segments. The company's properties include American Place in Waukegan, Illinois; Silver Slipper Casino and Hotel in Hancock County, Mississippi; Rising Star Casino Resort in Rising Sun, Indiana; Bronco Billy's Casino and Chamonix Casino Hotel in Cripple Creek, Colorado; Stockman's Casino in Fallon, Nevada; and Grand Lodge Casino, located within the Hyatt Regency Lake Tahoe Resort, Spa and Casino in Incline Village, Nevada.