Bank of Montreal Can Cuts Stake in PlayAGS Inc (NYSE:AGS)

Bank of Montreal Can trimmed its position in shares of PlayAGS Inc (NYSE:AGS) by 6.8% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 214,020 shares of the company’s stock after selling 15,644 shares during the period. Bank of Montreal Can’s holdings in PlayAGS were worth $2,418,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. grew its position in PlayAGS by 3.4% during the 1st quarter. Vanguard Group Inc. now owns 2,164,855 shares of the company’s stock valued at $19,440,000 after purchasing an additional 70,799 shares during the last quarter. Alpine Associates Management Inc. boosted its holdings in shares of PlayAGS by 11.2% during the 3rd quarter. Alpine Associates Management Inc. now owns 1,702,117 shares of the company’s stock valued at $19,387,000 after acquiring an additional 171,274 shares during the last quarter. Water Island Capital LLC purchased a new stake in shares of PlayAGS during the 2nd quarter valued at about $10,432,000. Wolverine Asset Management LLC purchased a new stake in shares of PlayAGS during the 2nd quarter valued at about $518,000. Finally, Renaissance Technologies LLC boosted its holdings in shares of PlayAGS by 15.1% during the 2nd quarter. Renaissance Technologies LLC now owns 1,771,742 shares of the company’s stock valued at $20,375,000 after acquiring an additional 232,500 shares during the last quarter. 77.44% of the stock is owned by hedge funds and other institutional investors.

PlayAGS Stock Performance

Shares of NYSE AGS opened at $11.56 on Friday. The firm’s 50-day moving average price is $11.60 and its 200-day moving average price is $11.48. The company has a quick ratio of 2.64, a current ratio of 3.35 and a debt-to-equity ratio of 7.49. The company has a market cap of $473.15 million, a PE ratio of 68.00 and a beta of 2.32. PlayAGS Inc has a 52-week low of $7.43 and a 52-week high of $11.75.

About PlayAGS

AGS is a global company focused on creating a diverse mix of entertaining gaming experiences for every kind of player. Their roots are firmly planted in the Class II Native American gaming market, but their customer-centric culture and growth have helped them branch out to become a leading all-inclusive commercial gaming supplier.