Is International Game Technology PLC (NYSE:IGT) a Good Investment?

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Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of International Game Technology PLC (NYSE:IGT) for the period of 9-Day stands at 26.28% while the stochastic %D for the same period stands at 15%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of International Game Technology PLC (NYSE:IGT) signals “Buy” while other important signals like the 20-Day Moving Average Vs. Price signals “Sell”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Buy” for International Game Technology PLC (NYSE:IGT) while 20-100 Day MACD Oscillator indicates “Buy”.

Bollinger band is a volatility indicator of a certain security, currently International Game Technology PLC (NYSE:IGT)’s 20-Day Bollinger Band indicates “Hold”.

About Company

International Game Technology PLC is a gaming company. The Company is engaged in design, development, manufacture and marketing of casino-style gaming equipment, systems technology, and game content. Its business segment consists of North America and International. The company operates primarily in the United Kingdom; Rome, Italy; Las Vegas, Nevada, and Providence, Rhode Island. International Game Technology PLC is headquartered in Las Vegas, Nevada.

Previous Day Activity Analysis

On the last trading day, International Game Technology PLC (NYSE:IGT) opened the session at $23.65 and after going up 1.61% closed at $24. The stock gained 0.35 points in the last trade.

International Game Technology PLC (NYSE:IGT)’s stock fluctuated in the range of $23.53 and $24.03 during the previous active session. International Game Technology PLC (NYSE:IGT) traded with the volume of 1.41 Million with average volume of 1.92 Million. The stock has MEDIUM volatility on the last trading session.

Currently the Beta for the company remains at 0 while ATR (Average True Range) and RSI (Relative Strength Index) are at 0.7 and 58.32 respectively.

Currently the Insider Ownership of the shares of International Game Technology PLC (NYSE:IGT) is at 51.88% and the shares outstanding are 200.4 Million.

Important Ratio Analysis

Some important ratios to consider here for International Game Technology PLC (NYSE:IGT) are discussed below:

Dividend yield of International Game Technology PLC (NYSE:IGT) stands at 3.33% whereas Price to Earnings P/E ratio stands at 0 while Forward P/E shows the value of 16.15.

The Price to Sale P/S and Price to Book P/B shows the value of 0.97 and 1.42 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 9.72 and 25.01 correspondingly.

The Quick Ratio of International Game Technology PLC (NYSE:IGT) stands at 0.7 while the Current Ratio depicts the value of 0.8.

Return on Assets ROA of International Game Technology PLC (NYSE:IGT) is at -0.8% whereas, Return on Equity ROE and Return of Investment ROI of International Game Technology PLC (NYSE:IGT) stand at -3.3% and 5.5% respectively.

Stock Performance Analysis

The stock performance of International Game Technology PLC (NYSE:IGT) on the basis of 5 day trade show the dip of -1.36% whereas, the monthly performance of the stock shows increase of 7.91%.

The quarterly performance of the stock remained in green zone with the value of 29.45% while six month performance of the shares of International Game Technology PLC (NYSE:IGT) remained bullish with the count of 8.01%.

The yearly and YTD performance of International Game Technology PLC (NYSE:IGT) remained down at -10.08% and -5.96% respectively.