Scientific Games Reaches New 52-Week High (SGMS)

NEW YORK ( TheStreet) -- Scientific Games Corporation (Nasdaq: SGMS) hit a new 52-week high Wednesday as it is currently trading at $11.61, above its previous 52-week high of $11.55 with 43,655 shares traded as of 10:10 a.m. ET. Average volume has been 578,700 shares over the past 30 days.

Scientific Games has a market cap of $1.03 billion and is part of the services sector and leisure industry. Shares are up 15.4% 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 hold. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and expanding profit margins. 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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