Entain (LON:ENT) Sets New 12-Month High - What's Next?

Entain Plc (LON:ENT - Get Free Report)'s share price reached a new 52-week high on Tuesday . The stock traded as high as GBX 924.35 ($12.47) and last traded at GBX 910.20 ($12.28), with a volume of 896035 shares changing hands. The stock had previously closed at GBX 916.20 ($12.36).

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the company. Berenberg Bank reissued a "buy" rating and issued a GBX 1,100 ($14.84) target price on shares of Entain in a report on Monday, June 30th. JPMorgan Chase & Co. boosted their target price on Entain from GBX 940 ($12.68) to GBX 1,040 ($14.03) and gave the company a "neutral" rating in a report on Thursday. Finally, Shore Capital restated a "buy" rating on shares of Entain in a research report on Tuesday, April 29th.

Entain Stock Up 0.4%

The business's fifty day moving average price is GBX 801.49 and its 200 day moving average price is GBX 705.51. The company has a quick ratio of 0.74, a current ratio of 0.82 and a debt-to-equity ratio of 188.61. The firm has a market capitalization of £6.06 billion, a PE ratio of -12.88, a PEG ratio of 0.92 and a beta of 1.19.

Insider Buying and Selling at Entain

In other Entain news, insider Ricky Sandler sold 3,242,667 shares of Entain stock in a transaction that occurred on Monday, June 2nd. The stock was sold at an average price of GBX 751 ($10.13), for a total value of £24,352,429.17 ($32,850,976.89). In the last quarter, insiders sold 6,510,311 shares of company stock valued at $4,969,720,109. Company insiders own 0.26% of the company's stock.

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.