Scientific Games Corp. (SGMS)

[Bob22701]

SGMS - Scientific Games Shares Climbing Higher, Up 5.8%
55 minutes ago - Financial News Network Online - Market Movers via Comtex

Scientific Games (NASDAQ:SGMS) is a company whose shares are active, trading 5.8% higher to $8.68. The S&P is trading fractionally higher to 1,267 and the Dow is trading fractionally higher to 12,307.

Scientific Games Corporation provides services, systems, and products to both the pari-mutuel gaming and instant ticket lottery industries. The Company operates an instant ticket and online lottery products, systems, and services business. Scientific also operates wagering and communications, venue management, and telecommunications products businesses.

Scientific Games (NASDAQ:SGMS) has potential upside of 48.7% based on a current price of $8.68 and analysts' consensus price target of $12.90. The stock should hit resistance at its 200-day moving average (MA) of $8.81, as well as support at its 50-day MA of $8.37.

In the past 52 weeks, Scientific Games share prices have been bracketed by a low of $6.50 and a high of $11.27 and are now at $8.68, 33% above that low price. The 200-day and 50-day moving averages have moved 0.29% lower and 0.33% higher over the past week, respectively.

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