Amaya Inc (TSE:AYA) – Investment analysts at Cormark lifted their FY2016 earnings estimates for Amaya in a report released on Tuesday. Cormark analyst D. Mcfadgen now expects that the brokerage will post earnings per share of $2.43 for the year, up from their previous forecast of $2.38.

Separately, Dundee Securities lowered their target price on Amaya from C$26.00 to C$24.00 and set a “buy” rating on the stock in a research report on Tuesday, August 16th.

Earnings History and Estimates for Amaya (TSE:AYA)

Amaya (TSE:AYA) traded up 0.80% during trading on Wednesday, hitting $22.79. The stock had a trading volume of 268,187 shares. The company has a 50-day moving average of $20.72 and a 200 day moving average of $19.07. The firm has a market cap of $3.30 billion and a P/E ratio of 48.18. Amaya has a 52-week low of $13.71 and a 52-week high of $31.75.

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About Amaya

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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