AGS Stock Summary and Trading Ideas (Playags | NYSE:AGS)

PlayAGS Inc is a designer and supplier of gaming products and services for the gaming industry. The company mainly supplies electronic gaming machines (EGM), server-based systems and back-office systems which are used by casinos, and various gaming locations. Its operating segments are EGM, Table Products, and Interactive. The EGM segment offers a selection of video slot titles developed for the world-wide marketplace as well as EGM cabinets. Its Table Products segments include live proprietary table games and side bets, as well as ancillary table products. The Interactive segment consists of delivering games through mobile apps such as Lucky Play Casino and Vegas Fever. It earns a majority of its revenue from Electronic Gaming Machines segment and geographically from the United States.

Playags trades on the NYSE stock market under the symbol AGS.

As of April 19, 2024, AGS stock price declined to $8.48 with 299,483 million shares trading.

AGS has a beta of 0.35, meaning it tends to be less sensitive to market movements. AGS has a correlation of 0.01 to the broad based SPY ETF.

AGS has a market cap of $332.61 million. This is considered a Small Cap stock.

Last quarter Playags reported $94 million in Revenue and $.00 earnings per share. This beat revenue expectation by $2 million and missed earnings estimates by -$.03.

In the last 3 years, AGS stock traded as high as $11.32 and as low as $4.21.

The top ETF exchange traded funds that AGS belongs to (by Net Assets): VTI, IWM, VXF, IWO, VTWO.

AGS has outperformed the market in the last year with a price return of +37.2% while the SPY ETF gained +21.2%. AGS has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +4.7% and 0.0%, respectively, while the SPY returned +4.3% and -3.5%, respectively.

AGS support price is $8.22 and resistance is $8.78 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AGS stock will trade within this expected range on the day.