Entain Plc (LON:ENT - Get Free Report) shares traded up 15.3% during trading on Monday . The company traded as high as GBX 869.80 ($11.71) and last traded at GBX 866 ($11.66). 3,262,686 shares changed hands during trading, a decline of 47% from the average session volume of 6,158,232 shares. The stock had previously closed at GBX 751.40 ($10.12).
Wall Street Analyst Weigh In
A number of research firms have recently weighed in on ENT. Berenberg Bank restated a "buy" rating and issued a GBX 1,000 ($13.47) target price on shares of Entain in a report on Thursday, May 1st. Shore Capital restated a "buy" rating on shares of Entain in a research note on Tuesday, April 29th.
Check Out Our Latest Stock Analysis on ENT
Entain Stock Performance
The stock has a market cap of £5.38 billion, a P/E ratio of -11.41, a PEG ratio of 0.92 and a beta of 1.19. 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 company's 50-day simple moving average is GBX 695.41 and its 200 day simple moving average is GBX 691.11.
Insider Buying and Selling
In related news, insider Ricky Sandler sold 3,242,667 shares of the stock in a transaction dated Monday, June 2nd. The shares were sold at an average price of GBX 751 ($10.11), for a total transaction of £24,352,429.17 ($32,793,467.78). 0.26% of the stock is currently owned by corporate insiders.
About Entain
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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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