Full House Resorts, Inc. (NASDAQ:FLL)’s share price traded up 14.9% during mid-day trading on Thursday . The stock traded as high as $1.90 and last traded at $1.85. 393,567 shares changed hands during trading, an increase of 885% from the average session volume of 39,966 shares. The stock had previously closed at $1.61.
Separately, Zacks Investment Research lowered Full House Resorts from a “hold” rating to a “strong sell” rating in a report on Friday, May 10th.
The business has a fifty day moving average of $2.10. The company has a quick ratio of 1.06, a current ratio of 1.13 and a debt-to-equity ratio of 1.99. The company has a market cap of $48.80 million, a PE ratio of -14.23 and a beta of 0.62.
Full House Resorts (NASDAQ:FLL) last posted its earnings results on Monday, May 6th. The company reported ($0.06) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.02 by ($0.08). Full House Resorts had a negative return on equity of 2.87% and a negative net margin of 1.02%. The company had revenue of $40.49 million during the quarter, compared to analyst estimates of $41.44 million. Research analysts forecast that Full House Resorts, Inc. will post -0.03 EPS for the current year.
In related news, Director Craig W. Thomas bought 20,000 shares of Full House Resorts stock in a transaction that occurred on Thursday, May 30th. The stock was purchased at an average cost of $2.22 per share, for a total transaction of $44,400.00. Following the acquisition, the director now owns 449,651 shares in the company, valued at $998,225.22. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. 16.10% of the stock is currently owned by insiders.
Hedge funds have recently modified their holdings of the company. Sand Hill Global Advisors LLC acquired a new position in shares of Full House Resorts during the first quarter worth approximately $32,000. Ingalls & Snyder LLC bought a new stake in shares of Full House Resorts during the first quarter valued at approximately $55,000. Penn Capital Management Co. Inc. increased its position in shares of Full House Resorts by 4.5% during the fourth quarter. Penn Capital Management Co. Inc. now owns 112,870 shares of the company’s stock valued at $228,000 after purchasing an additional 4,823 shares during the period. White Pine Capital LLC increased its position in shares of Full House Resorts by 68.7% during the fourth quarter. White Pine Capital LLC now owns 263,605 shares of the company’s stock valued at $532,000 after purchasing an additional 107,375 shares during the period. Finally, RMB Capital Management LLC bought a new stake in shares of Full House Resorts during the fourth quarter valued at approximately $606,000. Institutional investors own 45.04% of the company’s stock.
Full House Resorts Company Profile (NASDAQ:FLL)
Full House Resorts, Inc owns, develops, operates, manages, leases, and/or invests in casinos, and related hospitality and entertainment facilities in the United States. The company owns and operates the Silver Slipper Casino and Hotel in Hancock County, Mississippi, which has 920 slot machines and 26 table games, a surface parking lot, approximately 800-space parking garage, and 129 hotel rooms; a fine-dining restaurant, a buffet, and a quick-service restaurant, as well as oyster, casino, beachfront bars; and 37-space beachfront RV park.
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