Full House Resorts (FLL) was Downgraded by Macquarie to ” Neutral”. Earlier the firm had a rating of “Outperform ” on the company shares. Macquarie advised their investors in a research report released on Jun 30, 2016.
Full House Resorts opened for trading at $1.92 and hit $2.0499 on the upside on Wednesday, eventually ending the session at $2.04, with a gain of 8.51% or 0.16 points. The heightened volatility saw the trading volume jump to 68,646 shares. Company has a market cap of $39 M.
In a different news, on Jun 14, 2016, Lewis A. Fanger (CFO) purchased 5,500 shares at $1.60 per share price. According to the SEC, on Jun 13, 2016, Craig W Thomas (director) purchased 7,400 shares at $1.68 per share price. On Nov 17, 2015, Bradley M Tirpak (director) purchased 7,500 shares at $1.70 per share price, according to the Form-4 filing with the securities and exchange commission.
Full House Resorts Inc. operates through its subsidiaries develops manages operates and/or invests in gaming-related enterprises. The Company owns three properties which includes the Rising Star located in Rising Sun Indiana the Silver Slipper located in Bay St. Louis Mississippi and Stockmans Casino (Stockman) located in Fallon Nevada. The Company leases one property the Grand Lodge Casino (Grand Lodge) at the Hyatt Regency Lake Tahoe Resort Spa and Casino located in Incline Village Nevada on the North Shore of Lake Tahoe. The Company manages the Buffalo Thunder Casino and Resort (Buffalo Thunder) and the Cities of Gold and Sports Bar casino facilities both located in Santa Fe New Mexico.