Amaya Inc Forecasted to Earn FY2017 Earnings of $2.66 Per Share (AYA)
Amaya Inc (TSE:AYA) – Research analysts at Cormark increased their FY2017 earnings per share estimates for shares of Amaya in a research note issued on Tuesday. Cormark analyst D. Mcfadgen now expects that the brokerage will post earnings per share of $2.66 for the year, up from their prior estimate of $2.60.
Separately, Dundee Securities decreased their price target on shares of Amaya from C$26.00 to C$24.00 and set a “buy” rating on the stock in a research note on Tuesday, August 16th.
Amaya (TSE:AYA) traded down 6.20% during mid-day trading on Thursday, hitting $21.50. 636,573 shares of the stock were exchanged. The company’s 50-day moving average price is $20.80 and its 200 day moving average price is $19.10. The firm has a market capitalization of $3.11 billion and a price-to-earnings ratio of 45.45. Amaya has a 52 week low of $13.71 and a 52 week high of $31.40.
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Amaya Company Profile
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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