What Next for PlayAGS, Inc. (AGS) Stock After Achieving Record High?

May 25, 2018 - By Kurt Siggers

The stock of PlayAGS, Inc. (NYSE:AGS) reached all time high today, May, 25 and still has $25.21 target or 6.00 % above today’s $23.78 share price. This indicates more upside for the $838.10 million company. This technical setup was reported by Barchart.com. If the $25.21 PT is reached, the company will be worth $50.29M more.
Trading stocks at an all time highs is usually a winning strategy. An all time high points to a stock which has the most positive fundamentals ever. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events.

The stock increased 3.62% or $0.83 during the last trading session, reaching $23.78. About 453,942 shares traded or 94.21% up from the average. PlayAGS, Inc. (NYSE:AGS) has 0.00% since May 25, 2017 and is . It has underperformed by 11.55% the S&P500.

Analysts await PlayAGS, Inc. (NYSE:AGS) to report earnings on August, 2. After $-0.19 actual earnings per share reported by PlayAGS, Inc. for the previous quarter, Wall Street now forecasts -94.74 % EPS growth.

More notable recent PlayAGS, Inc. (NYSE:AGS) news were published by: Streetinsider.com which released: “PlayAGS (AGS) Announces Proposed 4.25M Share Secondary Public Offering Of Common Stock By Apollo” on May 07, 2018, also Seekingalpha.com with their article: “PlayAGS’ (AGS) CEO David Lopez on Q1 2018 Results – Earnings Call Transcript” published on May 07, 2018, Investorplace.com published: “20 Gambling Stocks to Play the Booming Economy” on May 24, 2018. More interesting news about PlayAGS, Inc. (NYSE:AGS) were released by: Seekingalpha.com and their article: “PlayAGS, Inc. 2018 Q1 – Results – Earnings Call Slides” published on May 04, 2018 as well as Prnewswire.com‘s news article titled: “AGS Announces First Quarter 2018 Results” with publication date: May 03, 2018.

PlayAGS, Inc. designs and supplies products and services for the gaming industry in the United States. The company has market cap of $838.10 million. It offers electronic gaming machines, such as slot machines, video bingo machines, and other electronic gaming devices; and server systems and back-office systems that are used by casinos and other gaming locations. It currently has negative earnings. The firm also provides table products, such as live proprietary table games and side bets, as well as ancillary table products; and interactive products, such as social casino games to play on mobile devices.

PlayAGS, Inc. (NYSE:AGS) Ratings Chart

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