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 October 4, 2024, AGS stock price climbed to $11.55 with 104,290 million shares trading.

AGS has a beta of 0.80, meaning it tends to be less sensitive to market movements. AGS has a correlation of 0.07 to the broad based SPY ETF.

AGS has a market cap of $464.75 million. This is considered a Small Cap stock.

Last quarter Playags reported $97 million in Revenue and $.01 earnings per share. This beat revenue expectation by $3 million and missed earnings estimates by -$.10.

In the last 3 years, AGS traded as high as $11.75 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 +76.9% while the SPY ETF gained +36.6%. However, in the short term, AGS had mixed performance relative to the market. It has underperformed in the last 3 months, returning +1.8% vs +4.2% return in SPY. But in the last 2 weeks, AGS shares have fared better than the market returning +2.2% compared to SPY +0.8%.

AGS support price is $11.46 and resistance is $11.54 (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 shares will trade within this expected range on the day.