Innova Gaming Group Inc Forecasted to Earn FY2017 Earnings of $0.19 Per Share (IGG)
Innova Gaming Group Inc (TSE:IGG) – Cormark raised their FY2017 earnings per share estimates for Innova Gaming Group in a report issued on Friday. Cormark analyst D. Mcfadgen now anticipates that the firm will earn $0.19 per share for the year, up from their previous forecast of $0.12.
Separately, Canaccord Genuity cut their price objective on shares of Innova Gaming Group from C$4.00 to C$3.50 and set a “buy” rating for the company in a research report on Friday, August 12th.
Innova Gaming Group (TSE:IGG) opened at 1.50 on Monday. The company has a 50-day moving average price of $1.37 and a 200-day moving average price of $1.25. The company has a market cap of $30.58 million and a PE ratio of 15.46. Innova Gaming Group has a 1-year low of $1.06 and a 1-year high of $1.89.
Innova Gaming Group Company Profile
Innova Gaming Group Inc, through its subsidiary, Diamond Game Enterprises designs, develops, produces, markets, and services games, systems and tickets for the North American gaming industry, predominantly in the business to government (B2G) lottery sector. Its primary product is Lucky Tab machine (LT-3), an extended play instant ticket vending machine (ITVM) that dispenses tickets while simultaneously displaying the results of each ticket on a video monitor in an entertaining fashion.
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