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

Full House Resorts (NASDAQ:FLL)‘s stock had its “market outperform” rating restated by investment analysts at JMP Securities in a research report issued on Monday,Benzinga reports. They currently have a $6.00 price target on the stock. JMP Securities’ price objective suggests a potential upside of 20.00% from the company’s previous close.

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

Full House Resorts Price Performance

Shares of NASDAQ:FLL opened at $5.00 on Monday. The firm has a 50 day simple moving average of $4.53 and a 200 day simple moving average of $4.87. The company has a market cap of $178 million, a price-to-earnings ratio of -4.24 and a beta of 1.92. Full House Resorts has a one year low of $3.77 and a one year high of $5.94. The company has a debt-to-equity ratio of 9.04, a current ratio of 0.87 and a quick ratio of 0.83.

Insider Activity

In other Full House Resorts news, Director Kathleen M. Caracciolo sold 8,900 shares of the firm’s 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 completion of the transaction, the director now owns 40,997 shares in the company, valued at approximately $181,616.71. This trade represents a 17.84 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Lewis A. Fanger sold 104,992 shares of the business’s stock in a transaction that occurred on Friday, January 24th. The stock was sold at an average price of $4.62, for a total transaction of $485,063.04. Following the completion of the transaction, the chief financial officer now owns 254,658 shares in the company, valued at $1,176,519.96. This trade represents a 29.19 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 166,351 shares of company stock valued at $788,259. Insiders own 12.70% of the company’s stock.

Institutional Trading of Full House Resorts

Institutional investors have recently bought and sold shares of the company. R Squared Ltd bought a new position in shares of Full House Resorts in the 4th quarter worth about $26,000. B. Riley Wealth Advisors Inc. acquired a new position in Full House Resorts in the second quarter valued at approximately $50,000. KG&L Capital Management LLC bought a new position in shares of Full House Resorts during the 3rd quarter worth approximately $50,000. SG Americas Securities LLC acquired a new stake in shares of Full House Resorts during the 3rd quarter worth approximately $54,000. Finally, Barclays PLC increased its stake 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 acquiring an additional 31,512 shares in the last quarter. Institutional investors own 37.68% of the company’s stock.

About Full House Resorts

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.