Entain (LON:ENT) Hits New 52-Week High - What's Next?

Entain Plc (LON:ENT - Get Free Report)'s stock price hit a new 52-week high during trading on Tuesday . The stock traded as high as GBX 924.35 ($12.56) and last traded at GBX 910.20 ($12.37), with a volume of 896035 shares trading hands. The stock had previously closed at GBX 916.20 ($12.45).

Analyst Ratings Changes

Several analysts have issued reports on the stock. Shore Capital reiterated a "buy" rating on shares of Entain in a research note on Tuesday, April 29th. JPMorgan Chase & Co. increased their price objective on Entain from GBX 940 ($12.78) to GBX 1,040 ($14.13) and gave the stock a "neutral" rating in a research report on Thursday. Finally, Berenberg Bank reissued a "buy" rating and set a GBX 1,100 ($14.95) price objective on shares of Entain in a research note on Monday, June 30th.

Entain Stock Up 0.4%

The stock's fifty day moving average price is GBX 790.28 and its 200 day moving average price is GBX 702.11. The company has a current ratio of 0.82, a quick ratio of 0.74 and a debt-to-equity ratio of 188.61. The stock has a market cap of £6.04 billion, a P/E ratio of -12.82, a price-to-earnings-growth ratio of 0.92 and a beta of 1.19.

Insider Transactions at Entain

In other Entain news, insider Ricky Sandler sold 3,242,667 shares of the firm's stock in a transaction dated Monday, June 2nd. The stock was sold at an average price of GBX 751 ($10.21), for a total transaction of £24,352,429.17 ($33,096,533.26). Insiders have sold 6,510,311 shares of company stock valued at $4,969,720,109 in the last ninety days. 0.26% of the stock is currently owned by insiders.

Entain Company Profile

Entain plc LSE: ENT is a FTSE100 company and is one of the world's largest sports betting and gaming groups, operating both online and in the retail sector. The Group owns a comprehensive portfolio of established brands; Sports brands include BetCity, bwin, Coral, Crystalbet, Eurobet, Ladbrokes, Neds, Sportingbet, Sports Interaction, STS, SuperSport and TAB NZ; Gaming brands include Foxy Bingo, Gala, GiocoDigitale, Ninja Casino, Optibet, Partypoker and PartyCasino.