Amaya Inc (TSE:AYA) – Research analysts at Cormark increased their FY2017 earnings estimates for shares of Amaya in a note issued to investors on Tuesday. Cormark analyst D. Mcfadgen now expects that the brokerage will earn $2.66 per share for the year, up from their prior estimate of $2.60.
Separately, Dundee Securities cut their price objective on Amaya from C$26.00 to C$24.00 and set a “buy” rating on the stock in a report on Tuesday, August 16th.
Shares of Amaya (TSE:AYA) traded down 2.98% during trading on Thursday, reaching $20.86. The company had a trading volume of 364,392 shares. The firm has a 50-day moving average price of $20.86 and a 200-day moving average price of $19.16. Amaya has a 52-week low of $13.71 and a 52-week high of $31.40. The company has a market capitalization of $3.02 billion and a P/E ratio of 44.10.
Amaya Inc is a Canada-based provider of technology-based products and services in the global gaming and interactive entertainment industries. The Company’s business-to-consumer (B2C) business consists of the operations of Amaya Group Holding (IOM) Limited and its subsidiaries (collectively Rational Group).
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