Amaya Inc’s Trend Down, Especially After Today’s Weak Session

The stock of Amaya Inc (TSE:AYA) is a huge mover today! The stock decreased 2.11% or $0.4 on March 14, hitting $18.6. About 589,901 shares traded hands. Amaya Inc (TSE:AYA) has declined 35.90% since August 6, 2015 and is downtrending. It has underperformed by 32.95% the S&P500. The move comes after 9 months negative chart setup for the $2.49B company. It was reported on Mar, 14 by We have $17.67 PT which if reached, will make TSE:AYA worth $124.50M less.

Amaya Inc., formerly Amaya Gaming Group Inc., is a Canada well-known provider of technology solutions, services and products in the global gaming and interactive entertainment industries. The company has a market cap of $2.49 billion. The Firm operates in two divisions: Business-to-Consumer and Business-to-Business (B2B). It currently has negative earnings. The Company’s B2C business consists of the activities of Amaya Group Holdings (IOM) Limited and its subsidiaries (collectively, Rational Group), which, among other things, offer online and mobile real- and play-money poker and other gaming products, including casino and sports betting (also known as sportsbook), as well as certain live poker tours and events, branded poker rooms in casinos in cities around the world and poker programming for television and online audiences.

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