In yesterday’s Wall Street session, Light & Wonder Inc (NASDAQ:LNW) shares traded at $97.08, down -0.88% from the previous session.
LNW stock price is now 1.46% away from the 50-day moving average and -1.81% away from the 200-day moving average. The market capitalization of the company currently stands at $8.57B.
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, while ‘Maxim Group’ rates the stock as ‘Buy’
In other news, Regan Michael J, former director bought 20,000 shares of the company’s stock on Aug 16 ’24. The stock was bought for $2,068,964 at an average price of $103.45. An SEC document containing details of the transaction can be found on the SEC’s website. On May 17 ’24, Director Korsanos Antonia bought 70 shares of the business’s stock. A total of $6,653 was incurred on buying the stock at an average price of $95.04. This leaves the insider owning 313 shares of the company worth $30386.04. A total of 0.62% of the company’s stock is owned by insiders.
During the past 12 months, Light & Wonder Inc has had a low of $76.52 and a high of $115.00. As of last week, the company has a debt-to-equity ratio of 4.57, a current ratio of 1.88, and a quick ratio of 1.61. The fifty day moving average price for LNW is $95.9988 and a two-hundred day moving average price translates $98.80645 for the stock.
The latest earnings results from Light & Wonder Inc (NASDAQ: LNW) was released for 2024-09-30. The net profit margin was 9.33% and return on equity was 32.47% for LNW. The company reported revenue of $817.0 million for the quarter, compared to $731.0 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 11.76 percent.
