SciPlay (NASDAQ:SCPL) Trading 5.6% Higher

SciPlay Corp (NASDAQ:SCPL) traded up 5.6% during mid-day trading on Friday . The stock traded as high as $13.08 and last traded at $12.94, 8,001 shares changed hands during trading. A decline of 98% from the average session volume of 382,701 shares. The stock had previously closed at $12.25.

Several equities analysts recently issued reports on the stock. Wedbush set a $8.00 price target on shares of Zynga and gave the company a “buy” rating in a research report on Tuesday, May 28th. Craig Hallum reduced their price target on shares of Inphi from $58.00 to $53.00 and set a “buy” rating on the stock in a research report on Thursday, May 23rd. Goldman Sachs Group set a $27.00 price objective on shares of Melco Resorts & Entertainment and gave the stock a “buy” rating in a report on Tuesday, May 28th. Stephens set a $37.00 price objective on shares of Talos Energy and gave the stock a “buy” rating in a report on Wednesday, May 22nd. Finally, Royal Bank of Canada cut their price objective on shares of Medtronic to $100.00 and set an “outperform” rating on the stock in a report on Tuesday, May 28th. One research analyst has rated the stock with a hold rating and nine have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $19.31.

The stock has a fifty day moving average price of $14.22.

In other news, major shareholder Park West Asset Management Llc bought 250,000 shares of the company’s stock in a transaction dated Wednesday, May 8th. The shares were purchased at an average price of $15.15 per share, for a total transaction of $3,787,500.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director M. Mendel Pinson bought 5,000 shares of the company’s stock in a transaction dated Tuesday, May 7th. The stock was purchased at an average price of $16.00 per share, for a total transaction of $80,000.00. The disclosure for this purchase can be found here. In the last 90 days, insiders acquired 1,089,209 shares of company stock worth $16,316,181.

SciPlay Company Profile (NASDAQ:SCPL)

SciPlay Corporation develops and publishes digital games on mobile and Web platforms. The company offers seven games, which include social casino games, such as Jackpot Party Casino, Gold Fish Casino, Hot Shot Casino, and Quick Hit Slots, as well as casual games comprising MONOPOLY Slots, Bingo Showdown, and 88 Fortunes Slots.

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