Amaya, Inc. AYA saw a big move last session, as the company’s shares fell nearly 7% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent downtrend for AYA, as the stock is now down 42.8% in the past one-month time frame.
This slump shouldn’t be too much of a surprise to investors, as this company in the Internet Software space has seen 3 negative revisions in the past few weeks and its current year earnings consensus has moved lower over the last 30 days. This suggests there may be more trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent slump will continue, as the earnings picture definitely suggests that this might be the case.
AYA currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.
A better-ranked stock in the same sector is Cvent, Inc. CVT, holding a Zacks Rank #1 (Strong Buy).
Is AYA going up? Or down? Predict to see what others think: Up or Down
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