Shares of Entain Plc (LON:ENT - Get Free Report) were up 15.3% during trading on Tuesday . The company traded as high as GBX 869.80 ($11.80) and last traded at GBX 866 ($11.75). Approximately 3,262,686 shares were traded during mid-day trading, a decline of 47% from the average daily volume of 6,158,232 shares. The stock had previously closed at GBX 751.40 ($10.20).
Wall Street Analysts Forecast Growth
Several research analysts have recently weighed in on ENT shares. Berenberg Bank restated a "buy" rating and set a GBX 1,000 ($13.57) target price on shares of Entain in a report on Thursday, May 1st. Shore Capital reiterated a "buy" rating on shares of Entain in a research report on Tuesday, April 29th.
View Our Latest Stock Analysis on ENT
Entain Price Performance
The stock has a market cap of £5.48 billion, a PE ratio of -11.63, a price-to-earnings-growth ratio of 0.92 and a beta of 1.19. The stock's fifty day moving average is GBX 682.23 and its 200-day moving average is GBX 689.75. The company has a debt-to-equity ratio of 188.61, a current ratio of 0.82 and a quick ratio of 0.74.
Insider Buying and Selling at Entain
In other news, insider Ricky Sandler sold 3,242,667 shares of the stock in a transaction on Monday, June 2nd. The stock was sold at an average price of GBX 751 ($10.19), for a total transaction of £24,352,429.17 ($33,047,128.74). 0.26% of the stock is currently owned by company insiders.
Entain Company Profile
(
Get Free Report)
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.
See Also
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