According to Zacks, “NeoGames S.A. is a technology-driven provider of end-to-end iLottery solutions for national and state-regulated lotteries. NeoGames S.A. is based in LUXEMBOURG. “
NASDAQ:NGMS opened at $37.92 on Wednesday. The company has a quick ratio of 2.40, a current ratio of 2.40 and a debt-to-equity ratio of 0.20. NeoGames has a 1-year low of $18.67 and a 1-year high of $73.54. The firm has a market capitalization of $834.09 million and a price-to-earnings ratio of 97.23. The stock has a fifty day simple moving average of $40.64 and a 200 day simple moving average of $48.05.
A number of hedge funds and other institutional investors have recently made changes to their positions in NGMS. Invesco Ltd. acquired a new stake in NeoGames during the 2nd quarter worth about $47,045,000. WCM Investment Management LLC acquired a new stake in NeoGames during the 2nd quarter worth about $24,303,000. Wasatch Advisors Inc. acquired a new stake in NeoGames during the 2nd quarter worth about $19,289,000. FMR LLC boosted its position in NeoGames by 25,772.6% during the 2nd quarter. FMR LLC now owns 313,058 shares of the company’s stock worth $19,243,000 after acquiring an additional 311,848 shares during the period. Finally, BlackRock Inc. boosted its position in NeoGames by 80,981.2% during the 1st quarter. BlackRock Inc. now owns 262,703 shares of the company’s stock worth $9,396,000 after acquiring an additional 262,379 shares during the period. Hedge funds and other institutional investors own 25.63% of the company’s stock.
NeoGames SA provides a suite of iLottery technology solutions worldwide. The company offers various technology platforms, a range of value-added services, and a game studio that provides a portfolio of draw based games and instant tickets through personal computers, smartphones, and handheld devices.
See Also: Golden Cross
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for NeoGames Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NeoGames and related companies with MarketBeat.com's FREE daily email newsletter.