Gaming Partners International (GPIC) Sets New 1-Year High at $13.73

Gaming Partners International Corp. (NASDAQ:GPIC)’s share price hit a new 52-week high during trading on Monday . The company traded as high as $13.73 and last traded at $13.71, with a volume of 200 shares. The stock had previously closed at $13.00.

Separately, ValuEngine lowered shares of Gaming Partners International from a “buy” rating to a “hold” rating in a report on Friday, March 15th.

The firm has a market capitalization of $111.00 million, a P/E ratio of 24.07 and a beta of 0.04.

A number of hedge funds have recently modified their holdings of GPIC. Arbor Wealth Management LLC acquired a new stake in shares of Gaming Partners International in the 4th quarter valued at about $119,000. Millennium Management LLC acquired a new stake in shares of Gaming Partners International in the 4th quarter valued at about $525,000. Kassirer Asset Management Corp acquired a new stake in shares of Gaming Partners International in the 4th quarter valued at about $765,000. Finally, FNY Investment Advisers LLC acquired a new stake in shares of Gaming Partners International in the 4th quarter valued at about $65,000. Hedge funds and other institutional investors own 14.14% of the company’s stock.

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About Gaming Partners International (NASDAQ:GPIC)

Gaming Partners International Corporation, together with its subsidiaries, manufactures and supplies casino table game equipment in the Americas, the Asia-Pacific, Europe, and Africa. It offers American-style casino currency, such as injection-molded currency, thermo-compression molded currency, laser cut-thermo-compression currency, and sublimation currency; European-style casino currency, including plaques and jetons; radio frequency identification (RFID) currency, readers, and antennas for use in cages, gaming tables, and chip vaults; and RFID solutions to authenticate and track casino currency, as well as provides related hardware support and maintenance services.

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