Zona de Azar U.K – The Stars Group Inc. (TSG) Can’t Be More Hot. Just Reaches 52 Week High

U.K.- Feb 20, 2018 www.zonadeazar.com The stock of The Stars Group Inc. (NASDAQ:TSG) hit a new 52-week high and has $27.55 target or 3.00 % above today’s $26.75 share price. The 6 months bullish chart indicates low risk for the $3.90 billion company. The 1-year high was reported on Feb, 17 by Barchart.com. If the $27.55 price target is reached, the company will be worth $117.09 million more.

The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

The stock increased 0.19% or $0.05 during the last trading session, reaching $26.75. About 250,030 shares traded. The Stars Group Inc. (NASDAQ:TSG) has 0.00% since February 17, 2017 and is . It has underperformed by 16.70% the S&P500.

Analysts await The Stars Group Inc. (NASDAQ:TSG)to report earnings on March, 28. They expect $0.57 earnings per share, up 7.55 % or $0.04 from last year’s $0.53 per share. TSG’s profit will be $83.17M for 11.73 P/E if the $0.57 EPS becomes a reality. After $0.58 actual earnings per share reported by The Stars Group Inc. for the previous quarter, Wall Street now forecasts -1.72 % negative EPS growth.

More important recent The Stars Group Inc. (NASDAQ:TSG) news were published by: Prnewswire.com which released: “The Stars Group Shines With Constellation of Industry Awards and Recognition …” on February 12, 2018, also Prnewswire.com published article titled: “Seven Stars Cloud Announces New Global Business Initiative with Newly …”, Business.Financialpost.com published: “$8-million lawsuit launched against David Baazov and the Stars Group” on February 14, 2018. More interesting news about The Stars Group Inc. (NASDAQ:TSG) was released by: Streetinsider.com and their article: “Form SC 13G/A Stars Group Inc. Filed by: BlackRock Inc.” with publication date: February 01, 2018.

The Stars Group Inc. provides technology services and products to the global gaming and interactive entertainment industries. The company has market cap of $3.90 billion. It owns and operates gaming and related interactive entertainment businesses under the PokerStars, PokerStars Casino, BetStars, Full Tilt, StarsDraft, the PokerStars Championship, and PokerStars Festival live poker tour brands. It has a 20.91 P/E ratio. The firm was formerly known as Amaya, Inc. and changed its name to The Stars Group Inc. in August 2017.

Editó: @_fonta   www.zonadeazar.com