Entertainment Gaming Asia Stock Soars (EGT)

NEW YORK ( TheStreet) -- Shares of Entertainment Gaming Asia (AMEX: EGT) have taken a tremendous swing upward. The stock is trading at 96 cents as of 10:25 a.m. ET, 20.4% above Friday's closing price of 80 cents. Volume is at 1.3 million, 2.7 times the daily average of 480,100.

Entertainment Gaming Asia has a market cap of $87.9 million and is part of the consumer goods sector and consumer durables industry.

Entertainment Gaming Asia Inc. engages in the ownership and leasing of electronic gaming machines (EGMs) in resorts, hotels, and other venues primarily in Cambodia and the Philippines.

TheStreet Ratings rates Entertainment Gaming Asia as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. However, as a counter to these strengths, we find that we feel that the company's cash flow from its operations has been weak overall. You can view the full Entertainment Gaming Asia Ratings Report.

See our top % gaining stocks list for other stocks that are soaring today, or get investment ideas from our investment research center.
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