Amaya Inc (TSE:AYA) (NYSE:AYA) was downgraded by ValuEngine from a “strong-buy” rating to a “buy” rating in a report issued on Wednesday, reports.

Separately, Desjardins lifted their price objective on Amaya to C$24.50 and gave the stock a “hold” rating in a research report on Thursday, March 23rd.

Shares of Amaya (TSE:AYA) traded down 1.15% during trading on Wednesday, reaching $25.03. 234,038 shares of the company were exchanged. The stock has a market capitalization of $3.67 billion and a P/E ratio of 33.24. Amaya has a 52-week low of $17.07 and a 52-week high of $27.91. The stock has a 50-day moving average of $24.04 and a 200 day moving average of $20.53.

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In other news, insider David Baazov sold 2,700,000 shares of the business’s stock in a transaction dated Wednesday, March 29th. The stock was sold at an average price of C$22.00, for a total transaction of C$59,400,000.00. Also, Director Daniel Yaacov Sebag sold 110,200 shares of the business’s stock in a transaction dated Monday, March 27th. The stock was sold at an average price of C$22.75, for a total value of C$2,507,050.00. Insiders have sold a total of 12,349,585 shares of company stock valued at $275,637,256 over the last 90 days.

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).

12 Month Chart for TSE:AYA

To view ValuEngine’s full report, visit ValuEngine’s official website.

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