News Alert – Scientific Games Corporation (NASDAQ:SGMS)

Scientific Games Corporation (NASDAQ:SGMS) added 3.70% to $44.9 with the total traded volume of 293303 shares in recent session versus to an average volume of 914.73K. The stock was up in the 5 days activity 5.22%. The one month performance of stock was high 0.70%. SGMS shares are -17.99% for the quarter and driving a 110.71% rally over the course of the past year and is now -15.59% since this point in 2018.

Right now SGMS beta is 2.55. The average volatility for the week and month was at 3.40% and 4.83% respectively.

Scientific Games Corporation (NASDAQ:SGMS) today announced the appointment of Robert O’Connor as Senior Vice President of Government Affairs, reporting directly to Chief Executive Officer Kevin Sheehan.

In this role, O’Connor will be responsible for developing and executing Scientific Games’ global government relations and public affairs to support the Company’s long-term strategies and raise its profile globally to support its existing business, new sector growth opportunities and emerging markets.

“Rob brings nearly three decades of government service and advocacy experience at the global, federal, state and local levels,” said Scientific Games Chief Executive Officer Kevin Sheehan. “We look forward to capitalizing on his leadership, as we continue to grow and prosper in current jurisdictions, as well as expand into newly regulated territories.”

O’Connor joins Scientific Games from Goldman Sachs, where he served as Vice President, Executive Office, Government Affairs. At Goldman Sachs, he managed political, legislative and regulatory advocacy with the U.S. Senate, U.S. House of Representatives and led company advocacy efforts in New York State, New York City and New Jersey. He also served as Treasurer of the Goldman Sachs Political Action Committee (GS PAC).

Prior to Goldman Sachs, O’Connor served as Majority Staff Director for the U.S. House of Representatives Committee on Homeland Security, where he led all Committee operations, strategy and personnel management. As Staff Director, he oversaw the successful passage of four significant pieces of legislation that were signed into law. Previously, he was Chief of Staff to U.S. Rep. Peter King(NY).

O’Connor is a member of a number of alumni and veteran organizations, including Veterans on Wall Street(VOWS). In 2011, he was selected as a Rockefeller Fellow with the Partnership for New York City. O’Connor is a graduate of the United States Military Academy at West Point with a Bachelor of Science in General Engineering.

Shares of Scientific Games Corporation have been recently spotted trading -20.46% off of the 52-week high price. On the other end, company shares have been noted 121.27% away from the low price over the last 52-weeks. 52 week range of the stock remained $ 20.29 – 56.45. Switching over to some distances from popular moving averages, we see that the stock has been recorded -5.79% away from the 50 day moving average and 9.77% away from the 200 day moving average. Moving closer, we can see that shares have been trading 3.04% off of the 20-day moving average.

Garrick Tony

Garrick Tony

Garrick Tony is a self-taught investor and follows the value investing approach to picking stocks. He possesses over 10 years of investment experience, an M.B.A. from Louisiana State University, and is also certified in Risk Management Assurance. Garrick is a Certified Internal Auditor, Data Miner, and author with a career broadly spanning over multiple business areas. He has exploited those observations and developed investment tactics within a fundamentally sound long-term investment strategy. He currently covers Business News category for our site. Address: 576 Wayside Lane, Oakland, California Email: Garricktony@stocksgeeks.com Zip Code: 94612 Contact number: 510-327-2666

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