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 93 cents as of 10:15 a.m. ET, 20.7% above Monday's closing price of 77 cents. Volume is at 802,624, 0.9 times the daily average of 863,800.

Entertainment Gaming Asia has a market cap of $97.5 million and is part of the consumer goods sector and consumer durables industry. Shares are up 262.1% year to date as of the close of trading on Monday.

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. The company has a P/E ratio of 81.5, equal to the average consumer durables industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

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.

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