Scientific Games Corp (NASDAQ:SGMS):
Scientific Games Brings Real Innovation to North America’s Lotteries at NASPL 2017 in Portland.
The company is now down by 0.14% percent from yesterday’s close.
Scientific Games Corporation, launched on July 2, 1984, is a developer of technology-based products and services and associated content for the gaming, lottery and interactive gaming industries. The Business’s segments include Gaming, Lottery and Interactive. The Business’s portfolio includes gaming machines and game content, casino management systems, table game products and services, instant and draw-based lottery games, server-based gaming and lottery systems, sports betting technology, lottery content and services, loyalty and rewards programs, interactive gaming and social casino solutions. The Company?s games are available on Facebook, Amazon.com, the Apple app store and Android app on Google play..
The stock last traded at $36.85 just above the 50 day moving average of $35.75 and which is impressively higher than the 200 day moving average of $26.59. The 50 day moving average was up by +3.09% whereas the 200 day average was up by +38.61%.
In the latest earnings report the EPS was $-3.97 and is expected to be $-2.23 for the current year with 89,424,000 shares presently outstanding. Next quarter’s EPS is expected be $-0.24 and the next full year EPS is anticipated to be $-0.81.
Short traders are feeling a little more bearish on Scientific Games Corp at least if you consider the uptick in short interest. The company saw a rise in short interest of 32.98% between July 31, 2017 and August 15, 2017. Short interest increased 2,709,997 over that period. With short interest at 10,925,994 and short average daily volume at 1,092,944, days to cover is 10.0 and the percentage of shorted shares was 0.12% on August 15.