Entain Plc (LON:ENT - Get Free Report)'s share price was up 15.3% during mid-day trading on Monday . The stock traded as high as GBX 869.80 ($11.71) and last traded at GBX 866 ($11.66). Approximately 3,262,686 shares traded hands during trading, a decline of 47% from the average daily volume of 6,158,232 shares. The stock had previously closed at GBX 751.40 ($10.12).
Analysts Set New Price Targets
A number of research analysts have recently issued reports on the stock. Berenberg Bank restated a "buy" rating and issued a GBX 1,000 ($13.47) price target on shares of Entain in a research report on Thursday, May 1st. Shore Capital restated a "buy" rating on shares of Entain in a report on Tuesday, April 29th.
View Our Latest Analysis on Entain
Entain Stock Down 1.6%
The firm has a market cap of £5.38 billion, a price-to-earnings ratio of -11.41, a PEG ratio of 0.92 and a beta of 1.19. The firm has a 50 day moving average of GBX 695.41 and a 200 day moving average of GBX 691.11. The company has a quick ratio of 0.74, a current ratio of 0.82 and a debt-to-equity ratio of 188.61.
Insiders Place Their Bets
In related news, insider Ricky Sandler sold 3,242,667 shares of the business's stock in a transaction dated Monday, June 2nd. The stock was sold at an average price of GBX 751 ($10.11), for a total value of £24,352,429.17 ($32,793,467.78). Company insiders own 0.26% of the company's stock.
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.
Further Reading
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