Iao Kun Group Holding Co. (IKGH) Posts Quarterly Earnings Results
Iao Kun Group Holding Co. (NASDAQ:IKGH) issued its quarterly earnings results on Thursday. The company reported ($0.05) earnings per share (EPS) for the quarter. Iao Kun Group Holding had a positive return on equity of 0.72% and a negative net margin of 19.03%.
Shares of Iao Kun Group Holding (NASDAQ:IKGH) opened at 0.4099 on Thursday. The stock’s market cap is $25.54 million. The stock’s 50 day moving average is $0.55 and its 200 day moving average is $1.03. Iao Kun Group Holding has a 52 week low of $0.34 and a 52 week high of $1.87.
Separately, Zacks Investment Research upgraded shares of Iao Kun Group Holding from a “sell” rating to a “hold” rating in a research note on Monday, July 18th.
Iao Kun Group Holding Company Profile
Iao Kun Group Holding Company Limited (IKGH) is a holding company that operates through its subsidiaries and related promotion entities that act as VIP room gaming promoters. The Company conducts VIP gaming promotion business at approximately five VIP gaming rooms located in over five casinos in Macau and approximately two casinos in Australia through the Promotion Entities, which include the Promoter Companies, the Collaborator in Macau and Junket Operator in Australia.
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