Amaya Inc (AYA) to Post FY2019 Earnings of $2.99 Per Share, Cormark Forecasts
Amaya Inc (TSE:AYA) (NYSE:AYA) – Cormark issued their FY2019 EPS estimates for shares of Amaya in a research note issued on Thursday, Zacks Investment Research reports. Cormark analyst D. Mcfadgen forecasts that the company will post earnings of $2.99 per share for the year.
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Separately, Desjardins boosted their price target on shares of Amaya to C$24.50 and gave the stock a “hold” rating in a research report on Thursday, March 23rd.
Amaya (TSE:AYA) traded up 0.88% during trading on Friday, reaching $24.00. 415,488 shares of the company’s stock traded hands. The firm has a 50 day moving average of $21.43 and a 200 day moving average of $19.69. The firm has a market capitalization of $3.50 billion and a PE ratio of 34.29. Amaya has a 1-year low of $15.47 and a 1-year high of $24.24.
In other Amaya news, Director Daniel Yaacov Sebag sold 110,200 shares of the business’s stock in a transaction dated Monday, March 27th. The shares were sold at an average price of C$22.75, for a total value of C$2,507,050.00. Also, 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. Over the last quarter, insiders sold 12,349,585 shares of company stock worth $275,637,256.
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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