Scientific Games Corp (SGMS) Shares are Up 1.83%

Scientific Games Corp (SGMS) has been under a strong bear grip, hence the stock is down -14.75% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 1.78% in the past 1 week. The stock has risen by 1.83% in the past week indicating that the buyers are active at lower levels, but the stock is down -13.87% in the past 4 weeks.

The stock has recorded a 20-day Moving Average of 11.62% and the 50-Day Moving Average is 8.84%. Scientific Games Corp (NASDAQ:SGMS): stock turned positive on Friday. Though the stock opened at $8.88, the bulls momentum made the stock top out at $9.08 level for the day. The stock recorded a low of $8.75 and closed the trading day at $8.88, in the green by 0.45%. The total traded volume for the day was 497,833. The stock had closed at $8.84 in the previous days trading.


The company Insiders own 42.34% of Scientific Games Corp shares according to the proxy statements. Institutional Investors own 73.18% of Scientific Games Corp shares.

Scientific Games Corporation is a developer of technology-based products and services and associated content for the gaming and lottery industries. The Company operates in three segments: Gaming, Lottery and Interactive. Gaming segment designs, develops, manufactures, markets and distributes gaming machines, VLTs, server-based gaming machines, casino-management systems hardware and software, table game products, video lottery central monitoring and control systems. Lottery segment manufactures and sells instant games, as well as the provision of services, such as game design, sales and marketing support, specialty games and promotions, warehousing, as well as instant game category management. Interactive segment offers play-for-fun social games on Facebook, GooglePlay for Android devices, Apples iOS platform, Kindle platform and Microsoft Windows 8. Its brands include MONOPOLY, GREASE, Jackpot Party Progressive, AMC-THE WALKING DEAD, HARLEY-DAVIDSON and LOTERIA, among others.

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