Shares of Entain Plc (LON:ENT - Get Free Report) shot up 15.3% during trading on Monday . The stock traded as high as GBX 869.80 ($11.80) and last traded at GBX 866 ($11.75). 3,262,686 shares changed hands during mid-day trading, a decline of 47% from the average session volume of 6,158,232 shares. The stock had previously closed at GBX 751.40 ($10.20).
Analysts Set New Price Targets
A number of analysts have weighed in on ENT shares. Berenberg Bank reissued a "buy" rating and set a GBX 1,000 ($13.57) target price on shares of Entain in a research report on Thursday, May 1st. Shore Capital reissued a "buy" rating on shares of Entain in a research note on Tuesday, April 29th.
View Our Latest Research Report on Entain
Entain Trading Up 15.3%
The firm's 50 day simple moving average is GBX 682.23 and its two-hundred day simple moving average is GBX 689.75. The stock has a market capitalization of £5.56 billion, a P/E ratio of -11.81, a P/E/G ratio of 0.92 and a beta of 1.19. The company has a quick ratio of 0.74, a current ratio of 0.82 and a debt-to-equity ratio of 188.61.
Insider Activity at Entain
In other Entain news, insider Ricky Sandler sold 1,661,500 shares of the stock in a transaction that occurred on Thursday, May 1st. The stock was sold at an average price of GBX 638 ($8.66), for a total value of £10,600,370 ($14,385,086.17). 0.26% of the stock is currently owned by corporate insiders.
Entain Company Profile
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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.
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