Full House Resorts (NASDAQ:FLL) Given Market Outperform Rating at JMP Securities

JMP Securities restated their market outperform rating on shares of Full House Resorts (NASDAQ:FLL) in a research note published on Thursday,Benzinga reports. The brokerage currently has a $6.00 price target on the stock.

Separately, B. Riley dropped their target price on shares of Full House Resorts from $9.00 to $8.00 and set a “buy” rating on the stock in a report on Thursday, November 7th.

Full House Resorts Price Performance

Shares of FLL stock opened at $4.96 on Thursday. Full House Resorts has a twelve month low of $3.77 and a twelve month high of $5.94. The company has a current ratio of 0.87, a quick ratio of 0.83 and a debt-to-equity ratio of 9.04. The stock has a fifty day simple moving average of $4.52 and a two-hundred day simple moving average of $4.88. The stock has a market capitalization of $176.58 million, a price-to-earnings ratio of -4.20 and a beta of 1.92.

Insiders Place Their Bets

In other news, CFO Lewis A. Fanger sold 37,738 shares of Full House Resorts stock in a transaction that occurred on Thursday, November 21st. The shares were sold at an average price of $5.05, for a total value of $190,576.90. Following the transaction, the chief financial officer now owns 254,658 shares of the company’s stock, valued at $1,286,022.90. The trade was a 12.91 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Kathleen M. Caracciolo sold 8,900 shares of the stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of $4.43, for a total transaction of $39,427.00. Following the sale, the director now directly owns 40,997 shares of the company’s stock, valued at $181,616.71. The trade was a 17.84 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 52,746 shares of company stock worth $260,121 over the last 90 days. Company insiders own 12.70% of the company’s stock.

Hedge Funds Weigh In On Full House Resorts

Several institutional investors and hedge funds have recently bought and sold shares of FLL. B. Riley Wealth Advisors Inc. purchased a new position in Full House Resorts during the 2nd quarter worth $50,000. KG&L Capital Management LLC acquired a new stake in Full House Resorts in the third quarter worth about $50,000. SG Americas Securities LLC purchased a new stake in shares of Full House Resorts during the third quarter worth about $54,000. Aristeia Capital L.L.C. acquired a new position in shares of Full House Resorts during the second quarter valued at about $140,000. Finally, Barclays PLC raised its position in shares of Full House Resorts by 268.5% in the 3rd quarter. Barclays PLC now owns 43,247 shares of the company’s stock valued at $217,000 after purchasing an additional 31,512 shares during the last quarter. 37.68% of the stock is owned by hedge funds and other institutional investors.

Full House Resorts Company Profile

Full House Resorts, Inc owns, leases, operates, develops, manages, and invests in casinos, and related hospitality and entertainment facilities in the United States. It operates through Midwest & South, West, and Contracted Sports Wagering segments. The company's properties include American Place in Waukegan, Illinois; Silver Slipper Casino and Hotel in Hancock County, Mississippi; Rising Star Casino Resort in Rising Sun, Indiana; Bronco Billy's Casino and Chamonix Casino Hotel in Cripple Creek, Colorado; Stockman's Casino in Fallon, Nevada; and Grand Lodge Casino, located within the Hyatt Regency Lake Tahoe Resort, Spa and Casino in Incline Village, Nevada.