Scientific Games Stock Falls On Unusually High Volume (SGMS)
NEW YORK (
) --
(Nasdaq:
) is trading at unusually high volume Wednesday with 2.5 million shares changing hands. It is currently at four times its average daily volume and trading down $1.85 (-15.1%) at $10.43 as of 2:30 p.m. ET.
Scientific Games has a market cap of $1.05 billion and is part of the
sector and
industry. Shares are up 26.6% year to date as of the close of trading on Tuesday.
Scientific Games Corporation provides gaming solutions to lottery and gaming organizations worldwide.
TheStreet Ratings rates Scientific Games as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and generally poor debt management. You can view the full
Scientific Games Ratings Report
.
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