Attention Seeking Stock: The Stars Group Inc. (NASDAQ: TSG)

Carlos Williams

I am Carlos Williams and I’m passionate about business and finance news with over 4 years in the industry starting as a writer working my way up into senior positions.

I am the driving force behind News Perception with a vision to broaden the company’s readership throughout 2016. I am an editor and reporter of “Services” category.

Address: 1411 Tully Street Detroit, MI 48219, USA
Phone: (+1) 313-676-2812
Email: Carloswilliams@newsperception.com
Carlos Williams

TORONTO, October 25, 2019 – Shares of The Stars Group Inc. (NASDAQ: TSG) gained 0.86% to $19.94. The stock grabbed the investor’s attention and traded 5.585M shares as compared to its average daily volume of 3.82M shares. The stock’s institutional ownership stands at 25.88%.

The Stars Group Inc. (TSG) (TSGI.TO) reported first-quarter earnings of $27.90M. The Pointe-Claire, Quebec-based company said it had profit of 10 cents per share. Earnings, adjusted for one-time gains and costs, came to 38 cents per share. The results fell short of Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 43 cents per share.

The poker website operator posted revenue of $580.40M in the period, which also missed Street forecasts. Three analysts surveyed by Zacks expected $613.30M.

TSG has a market value of $5.74B while its EPS was booked as $0.03 in the last 12 months. The stock has 287.77M shares outstanding. Analyst recommendation for this stock stands at 2.00.

Carlos Williams

Carlos Williams

I am Carlos Williams and I’m passionate about business and finance news with over 4 years in the industry starting as a writer working my way up into senior positions. I am the driving force behind News Perception with a vision to broaden the company’s readership throughout 2016. I am an editor and reporter of “Services” category. Address: 1411 Tully Street Detroit, MI 48219, USA Phone: (+1) 313-676-2812 Email: Carloswilliams@newsperception.com

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