Full House Resorts (FLL) Sets New 1-Year Low at $2.64

Full House Resorts, Inc. (NASDAQ:FLL) hit a new 52-week low during mid-day trading on Friday . The company traded as low as $2.64 and last traded at $2.75, with a volume of 4738 shares traded. The stock had previously closed at $2.75.

FLL has been the subject of a number of recent research reports. Roth Capital initiated coverage on shares of Full House Resorts in a report on Thursday, September 20th. They issued a “buy” rating and a $4.50 price objective for the company. ValuEngine cut shares of Full House Resorts from a “buy” rating to a “hold” rating in a report on Friday, September 7th. One investment analyst has rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of $4.08.

The firm has a market capitalization of $76.76 million, a PE ratio of -12.05 and a beta of 0.09. The company has a debt-to-equity ratio of 1.68, a quick ratio of 1.36 and a current ratio of 1.43.

Full House Resorts (NASDAQ:FLL) last released its quarterly earnings results on Thursday, August 9th. The company reported ($0.02) earnings per share (EPS) for the quarter. Full House Resorts had a negative net margin of 4.88% and a negative return on equity of 9.11%. The firm had revenue of $41.23 million for the quarter. As a group, equities analysts expect that Full House Resorts, Inc. will post -0.08 EPS for the current fiscal year.

Hedge funds have recently added to or reduced their stakes in the business. Russell Investments Group Ltd. boosted its holdings in Full House Resorts by 8.3% during the second quarter. Russell Investments Group Ltd. now owns 879,884 shares of the company’s stock valued at $2,932,000 after acquiring an additional 67,677 shares during the period. Gabelli Funds LLC boosted its holdings in Full House Resorts by 11.7% during the second quarter. Gabelli Funds LLC now owns 640,022 shares of the company’s stock valued at $2,131,000 after acquiring an additional 67,022 shares during the period. Gamco Investors INC. ET AL boosted its holdings in Full House Resorts by 11.7% during the second quarter. Gamco Investors INC. ET AL now owns 458,000 shares of the company’s stock valued at $1,525,000 after acquiring an additional 48,000 shares during the period. Quantum Capital Management bought a new stake in Full House Resorts during the second quarter valued at about $271,000. Finally, Brasada Capital Management LP boosted its holdings in Full House Resorts by 220.4% during the first quarter. Brasada Capital Management LP now owns 47,100 shares of the company’s stock valued at $151,000 after acquiring an additional 32,400 shares during the period. Institutional investors own 47.19% of the company’s stock.

About Full House Resorts (NASDAQ:FLL)

Full House Resorts, Inc owns, operates, develops, manages, leases, and/or invests in casinos, and related hospitality and entertainment facilities in the United States. The company owns and operates the Silver Slipper Casino and Hotel in Hancock County, Mississippi, which has approximately 37,000 square feet of gaming space, a surface parking lot, approximately 800-space parking garage, and 129-rooms, as well as a fine-dining restaurant, a buffet, a quick-service restaurant, and oyster and casino bars.

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