Giant Interactive Group Receives New Coverage from Analysts at BNP Paribas (GA)
Investment analysts at BNP Paribas initiated coverage on shares of Giant Interactive Group (NYSE:GA) in a note issued to investors on Monday, TheFlyOnTheWall.com reports. The firm set a “buy” rating on the stock.
Shares of Giant Interactive Group (NYSE:GA) traded down 1.21% on Monday, hitting $8.99. 100,678 shares of the company’s stock traded hands. Giant Interactive Group has a 52 week low of $4.95 and a 52 week high of $9.50. The stock has a 50-day moving average of $8.31 and a 200-day moving average of $7.72. The company has a market cap of $2.154 billion and a price-to-earnings ratio of 12.76.
Giant Interactive Group (NYSE:GA) last announced its earnings results on Tuesday, August 6th. The company reported $0.25 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.22 by $0.03. The company had revenue of $95.80 million for the quarter, compared to the consensus estimate of $95.49 million. During the same quarter last year, the company posted $0.23 earnings per share. Giant Interactive Group’s revenue was up 11.3% compared to the same quarter last year. On average, analysts predict that Giant Interactive Group will post $0.92 earnings per share for the current fiscal year.
Giant Interactive Group Inc (NYSE:GA) is an online game developer and operator in China.
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