Services Stocks on Investors' Radar -- International Game Technology, Six Flags Entertainment, Scientific Games, and MakeMyTrip
NEW YORK, December 8, 2016 /PRNewswire/ --
Stock-Callers.com brings focus on the global Services sector, which as per World Economics, accelerated at a modest pace in November, with the Headline Sales Managers' Index (SMI) hitting a 12-month high at 54.2 in October. Additionally, the Business Confidence Index has grown to register 58.6 over the past few months due to improving sales and solid market growth. This morning, we have the following equities under assessment: International Game Technology PLC (NYSE: IGT), Six Flags Entertainment Corp. (NYSE: SIX), Scientific Games Corp. (NASDAQ: SGMS), and MakeMyTrip Ltd (NASDAQ: MMYT). Learn more about these stocks by downloading their comprehensive and free reports at:
http://stock-callers.com/registration
International Game Technology
At the close on Wednesday, shares in London, the UK headquartered International Game Technology PLC rose 1.43%, ending the day at $25.49. The stock recorded a trading volume of 1.93 million shares, which was above its three months average volume of 1.57 million shares. The Company's shares have advanced 8.12% in the last previous three months and 63.76% on an YTD basis. The stock is trading above its 200-day moving average by 21.70%. Moreover, shares of International Game Technology, which operates and provides technology products and services across lotteries, electronic gaming machines, sports betting, and interactive gaming markets worldwide, have a Relative Strength Index (RSI) of 41.53.
On December 7th, 2016, International Game Technology announced that its subsidiary, IGT Global Solutions Corp., has entered into a multi-year contract with the Kansas Lottery to continue providing instant ticket printing services through June 2022. The contract includes the option for four additional one-year extensions. In addition to providing instant ticket printing services to the Kansas Lottery, under the new contract, IGT will continue to support Kansas Lottery with research, game planning, marketing, and analytical support. IGT complete research report is just a click away and free at:
http://stock-callers.com/registration/?symbol=IGT
Six Flags Entertainment
Shares in Grand Prairie, Texas-based Six Flags Entertainment Corp. ended the day 1.57% higher at $59.52 with a total trading volume of 676,266 shares. The stock has gained 6.14% in the past month, 21.85% in the previous three months, and 13.35% since the start of this year. The Company's shares are trading above their 50-day and 200-day moving averages by 10.17% and 10.04%, respectively. Furthermore, shares of Six Flags Entertainment, which owns and operates regional theme and water parks under the Six Flags brand name, have an RSI of 75.24.
On November 25th, 2016, Six Flags reported that Six Flags St. Louis will hosts its first ever Holiday in the Park® celebration November 25th, 2016 through January 01st, 2017. The company stated that guests can make their way through twelve holiday-themed sections of the park featuring dazzling light displays, festive decorations, and holiday entertainment along with seasonal treats and treasures. The park will also give guests the chance to break a GUINNESS WORLD RECORDS™ title for most couples kissing under the mistletoe on December 10th, 2016. The complimentary report on SIX can be downloaded at:
http://stock-callers.com/registration/?symbol=SIX
Scientific Games
On Wednesday, shares in Las Vegas, Nevada headquartered Scientific Games Corp. finished 2.90% higher at $15.95. A total volume of 850,333 shares was traded, which was above their three months average volume of 834,180 shares. The stock has surged 37.50% in the last one month, 53.37% over the previous three months, and 77.81% on an YTD basis. The Company's shares are trading above their 50-day and 200-day moving averages by 22.52% and 53.44%, respectively. Additionally, shares of Scientific Games, which develops technology-based products and services, and associated content for the gaming, lottery, and interactive gaming industries worldwide, have an RSI of 72.61.
On December 6th, 2016, Scientific Games announced that its next generation AEGIS™ gaming system is now powering Lotería Electrónica de Puerto Rico after a successful systems conversion in November. The technology conversion took place in just four months as part of the Company's new, eight-year systems contract which began July 01st, 2016. Sign up for your complimentary research report on SGMS at:
http://stock-callers.com/registration/?symbol=SGMS
MakeMyTrip
Gurgaon, India-based MakeMyTrip Ltd's shares recorded a trading volume of 339,806 shares at the end of yesterday's session. The stock closed the day 1.41% lower at $24.55. The Company's shares have advanced 24.18% in the previous three months and 43.07% on an YTD basis. The stock is trading above its 200-day moving average by 25.37%. Additionally, shares of MakeMyTrip, which provides travel products and solutions in India and internationally, have an RSI of 48.90.
On October 26th, 2016, MakeMyTrip reported revenue of $83.1 million in Q2 FY17, an increase of 26.9% over revenue of $65.5 million in Q2 FY16. The company's diluted loss per share was $0.95 for Q2 FY17 compared to diluted loss per share of $0.29 in Q2 FY16. Get free access to your research report on MMYT at:
http://stock-callers.com/registration/?symbol=MMYT
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