Nevada Gold & Casinos (NYSEAMERICAN:UWN) Upgraded to B by TheStreet

TheStreet upgraded shares of Nevada Gold & Casinos (NYSEAMERICAN:UWN) from a c rating to a b rating in a research note issued to investors on Tuesday, January 2nd.

Shares of Nevada Gold & Casinos (NYSEAMERICAN UWN) opened at $2.66 on Tuesday. The stock has a market capitalization of $43.77, a price-to-earnings ratio of 38.00 and a beta of 0.67. Nevada Gold & Casinos has a twelve month low of $1.85 and a twelve month high of $2.86.

Nevada Gold & Casinos (NYSEAMERICAN:UWN) last posted its earnings results on Thursday, December 14th. The company reported $0.04 earnings per share (EPS) for the quarter. Nevada Gold & Casinos had a return on equity of 7.69% and a net margin of 3.28%. The firm had revenue of $19.48 million for the quarter.

Several hedge funds have recently made changes to their positions in UWN. TCW Group Inc. lifted its holdings in shares of Nevada Gold & Casinos by 9.8% in the 3rd quarter. TCW Group Inc. now owns 1,106,050 shares of the company’s stock valued at $2,588,000 after buying an additional 98,596 shares during the period. Private Advisor Group LLC raised its holdings in Nevada Gold & Casinos by 12.1% during the second quarter. Private Advisor Group LLC now owns 69,599 shares of the company’s stock worth $155,000 after purchasing an additional 7,500 shares during the last quarter. Finally, Vanguard Group Inc. raised its holdings in Nevada Gold & Casinos by 0.3% during the second quarter. Vanguard Group Inc. now owns 353,436 shares of the company’s stock worth $792,000 after purchasing an additional 1,007 shares during the last quarter.

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About Nevada Gold & Casinos

Nevada Gold & Casinos, Inc is a gaming company involved in financing, developing, owning and operating gaming properties and projects. The Company’s segments include Washington, South Dakota, Nevada and Corporate. The Company operated a portfolio of nine mini-casinos in Washington State (Washington), which include restaurants, bars and approximately 126 table games, at April 30, 2016.

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