Allied Esports Entertainment Inc. (NASDAQ:AESE) gapped down prior to trading on Tuesday . The stock had previously closed at $2.33, but opened at $1.96. Allied Esports Entertainment shares last traded at $2.12, with a volume of 257 shares trading hands.
Separately, Zacks Investment Research raised shares of Allied Esports Entertainment from a “sell” rating to a “hold” rating in a report on Tuesday, January 12th.
The stock has a 50 day moving average of $2.02 and a 200-day moving average of $1.52. The firm has a market capitalization of $76.54 million, a P/E ratio of -2.04 and a beta of 1.22. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.00 and a current ratio of 1.00.
A hedge fund recently bought a new stake in Allied Esports Entertainment stock. Renaissance Technologies LLC acquired a new stake in shares of Allied Esports Entertainment Inc. (NASDAQ:AESE) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 166,457 shares of the company’s stock, valued at approximately $263,000. Renaissance Technologies LLC owned 0.47% of Allied Esports Entertainment as of its most recent filing with the Securities and Exchange Commission (SEC). 1.01% of the stock is currently owned by institutional investors.
Allied Esports Entertainment Company Profile (NASDAQ:AESE)
Allied Esports Entertainment Inc operates a premier public esports and entertainment company, consisting of the Allied Esports and World Poker Tour (WPT) businesses worldwide. The company has two segments, Gaming & Entertainment and E-Sports. It operates esports properties to connect players and fans via a network of connected arenas; a flagship gaming arena located at the Luxor Hotel in Las Vegas, Nevada; a mobile esports truck that serves as a battleground and content generation hub; and a studio for recording and streaming gaming events, as well as provides multiplayer video game competitions.
Featured Article: Market Timing – The Benefits and the Danger
Receive News & Ratings for Allied Esports Entertainment Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Allied Esports Entertainment and related companies with MarketBeat.com's FREE daily email newsletter.