Entain Plc (LON:ENT - Get Free Report)'s share price rose 15.3% during trading on Tuesday . The company 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).
Wall Street Analysts Forecast Growth
ENT has been the subject of several research reports. Shore Capital reiterated a "buy" rating on shares of Entain in a research note on Tuesday, April 29th. Berenberg Bank restated a "buy" rating and issued a GBX 1,000 ($13.47) price objective on shares of Entain in a report on Thursday, May 1st.
Read Our Latest Analysis on ENT
Entain Stock Up 1.3%
The firm has a market cap of £5.44 billion, a PE ratio of -11.55, a price-to-earnings-growth 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. The business has a 50-day moving average price of GBX 701.37 and a two-hundred day moving average price of GBX 692.12.
Insider Buying and Selling
In other news, insider Ricky Sandler sold 3,242,667 shares of Entain 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). 0.26% of the stock is currently owned by 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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