Notable Reporting: After Today’s Significant Decline, Is Amaya Inc.’s Near-Term Analysis Negative?

Notable Reporting: After Today's Significant Decline, Is Amaya Inc.'s Near Term Analysis Negative?

The stock of Amaya Inc. (NASDAQ:AYA) is a huge mover today! About 265,282 shares traded hands or 150.33% up from the average. Amaya Inc. (NASDAQ:AYA) has risen 14.73% since March 7, 2016 and is uptrending. It has outperformed by 7.13% the S&P500.
The move comes after 9 months negative chart setup for the $2.43 billion company. It was reported on Oct, 10 by We have $15.22 PT which if reached, will make NASDAQ:AYA worth $145.80M less.

Analysts await Amaya Inc. (NASDAQ:AYA) to report earnings on November, 8. They expect $0.39 earnings per share, up 14.71% or $0.05 from last year’s $0.34 per share. AYA’s profit will be $58.54 million for 10.38 P/E if the $0.39 EPS becomes a reality. After $0.46 actual earnings per share reported by Amaya Inc. for the previous quarter, Wall Street now forecasts -15.22% negative EPS growth.

According to Zacks Investment Research, “Amaya, Inc. offers technology-based products and services in the gaming industry. It operates through business-to-consumer and business-to-business segments. The company’s gaming solution includes online casino gaming systems, Ongame poker software and network solutions, Game Office player management software platform, Mosino hospitality platform; land-based gaming solutions and lottery solutions. Amaya Inc., formerly known as Amaya Gaming Group Inc., is headquartered in Pointe-Claire, Canada.”

More notable recent Amaya Inc. (NASDAQ:AYA) news were published by: which released: “Is Amaya Inc. About to Be Acquired?” on October 10, 2016, also with their article: “BRIEF-Amaya Inc says confirms potential merger talks with William Hill” published on October 07, 2016, published: “Why Amaya, Inc. Stock Soared Today” on February 01, 2016. More interesting news about Amaya Inc. (NASDAQ:AYA) were released by: and their article: “Why Amaya Inc. Stock Plummeted 21.5% Today” published on March 23, 2016 as well as‘s news article titled: “Moody’s revises Amaya Inc.’s rating outlook to negative following insider …” with publication date: March 24, 2016.

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