The Dover Downs Gaming & Entertainment Inc. (DDE) Posts Earnings Results

The Dover Downs Gaming & Entertainment Inc. (DDE) Posts  Earnings Results

Dover Downs Gaming & Entertainment Inc. (NYSE:DDE) posted its quarterly earnings data on Thursday. The company reported $0.02 EPS for the quarter. Dover Downs Gaming & Entertainment had a net margin of 1.00% and a return on equity of 1.60%.

Shares of Dover Downs Gaming & Entertainment (NYSE:DDE) opened at 1.0905 on Monday. Dover Downs Gaming & Entertainment has a 1-year low of $0.82 and a 1-year high of $1.21. The stock has a market cap of $36.00 million, a price-to-earnings ratio of 16.7769 and a beta of -0.31. The firm has a 50-day moving average of $1.11 and a 200 day moving average of $1.07.

In related news, Director Henry B. Tippie bought 229,884 shares of the business’s stock in a transaction dated Friday, August 19th. The shares were purchased at an average price of $0.98 per share, with a total value of $225,286.32. Following the purchase, the director now owns 800,000 shares of the company’s stock, valued at approximately $784,000. The acquisition was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Henry B. Tippie bought 200,000 shares of the business’s stock in a transaction dated Thursday, August 25th. The shares were bought at an average cost of $0.97 per share, for a total transaction of $194,000.00. Following the purchase, the director now directly owns 1,000,000 shares in the company, valued at approximately $970,000. The disclosure for this purchase can be found here. Insiders own 41.66% of the company’s stock.

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