Tag: Bally Technologies

  • Gaming Activities: King Digital Entertainment PLC (NYSE:KING), Scientific Games (NASDAQ:SGMS), Renren Inc. (NYSE:RENN), Bally Technologies (NYSE:BYI)

    At the end of March, King Digital Entertainment (NYSE:KING) made its official debut under the watchful eye of Wall Street. King Digital Entertainment is the official company behind the classic game Candy Crush, a game that has put many individuals (including myself) on the receiving end of an insane amount of game requests on Facebook. King Digital Entertainment PLC (NYSE:KING) shares after opening at $18.44 moved to $18.75 on last trade day and at the end of the day closed at $18.69. Company price to sales ratio in past twelve months was calculated as 3.12 and price to cash ratio as 14.40. King Digital Entertainment PLC (NYSE:KING) showed a negative weekly performance of -5.37%.

    Scientific Games Corporation (NASDAQ:SGMS) has signed a three-year extension to its systems contract with the Delaware State Lottery. Also, the company announced Scott Schweinfurth has been promoted to executive vice president and chief financial officer. Scientific Games Corp (NASDAQ:SGMS) shares advanced 0.42% in last trading session and ended the day on $11.97. SGMS return on equity ratio is recorded as -16.10% and its return on assets is -2.00%. Scientific Games Corp (NASDAQ:SGMS) yearly performance is 48.33%.

    China‘s “Facebook” Renren (NYSE:RENN) is no longer cool, losing user interest and revenue. After a dismal Q4, Renren’s first-quarter revenue decline could accelerate further, says Maxim Group analyst Echo He, who lowered his 2014 estimates. Renren Inc. (NYSE:RENN) shares moved up 1.21% in last trading session and was closed at $3.34, while trading in range of $3.23 – $3.40. Renren Inc. (NYSE:RENN) year to date (YTD) performance is 9.51%.

    Bally Technologies Inc. (NYSE:BYI) the gaming industry’s second-largest slot machine provider, completed the acquisition of SHFL entertainment, Inc., in November 2013 for a total consideration of approximately $1.3 billion. Bally Technologies Inc. (NYSE:BYI) weekly performance is -3.61%. On last trading day company shares ended up $63.07. Bally Technologies Inc. (NYSE:BYI) distance from 50-day simple moving average (SMA50) is -7.71%. Analysts mean target price for the company is $82.38.