The stock of Amaya Inc. (NASDAQ:AYA) is a huge mover today! About 269,285 shares traded hands or 136.44% up from the average. Amaya Inc. (NASDAQ:AYA) has risen 13.47% since March 8, 2016 and is uptrending. It has outperformed by 4.15% the S&P500.
The move comes after 7 months positive chart setup for the $2.33B company. It was reported on Oct, 11 by Barchart.com. We have $20.71 PT which if reached, will make NASDAQ:AYA worth $535.90M more.
Analysts await Amaya Inc. (NASDAQ:AYA) to report earnings on November, 8. They expect $0.39 EPS, up 14.71% or $0.05 from last year’s $0.34 per share. AYA’s profit will be $53.96M for 10.79 P/E if the $0.39 EPS becomes a reality. After $0.46 actual EPS 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 recent Amaya Inc. (NASDAQ:AYA) news were published by: Reuters.com which released: “Exclusive: Canada’s Amaya, Britain’s William Hill in talks to merge” on October 07, 2016. Also Reuters.com published the news titled: “BRIEF-Amaya Inc says confirms potential merger talks with William Hill” on October 07, 2016. Fool.ca‘s news article titled: “Will Investors Bet on Amaya Inc. for Growth?” with publication date: September 29, 2016 was also an interesting one.
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