Flutter Entertainment plc (LON:FLTR - Get Free Report)'s stock price was down 1.1% on Wednesday . The company traded as low as £179.35 ($243.55) and last traded at £180.70 ($245.38). Approximately 46,327 shares traded hands during mid-day trading, a decline of 82% from the average daily volume of 252,167 shares. The stock had previously closed at £182.80 ($248.23).
Wall Street Analyst Weigh In
Separately, Berenberg Bank restated a "buy" rating and set a £247 ($335.42) price objective on shares of Flutter Entertainment in a research report on Friday, March 14th.
View Our Latest Stock Report on Flutter Entertainment
Flutter Entertainment Price Performance
The stock has a market capitalization of £40.69 billion, a price-to-earnings ratio of -64.07, a price-to-earnings-growth ratio of 1.76 and a beta of 1.24. The company has a current ratio of 0.90, a quick ratio of 0.70 and a debt-to-equity ratio of 73.74. The stock has a 50-day simple moving average of £177.24 and a 200 day simple moving average of £197.97.
Insiders Place Their Bets
In related news, insider Rob Coldrake sold 129 shares of the business's stock in a transaction that occurred on Monday, May 12th. The stock was sold at an average price of £184 ($249.86), for a total value of £23,736 ($32,232.48). Also, insider Peter Jackson sold 1,659 shares of the business's stock in a transaction that occurred on Monday, May 12th. The shares were sold at an average price of £184 ($249.86), for a total value of £305,256 ($414,524.71). In the last ninety days, insiders sold 1,954 shares of company stock worth $36,190,980. 0.08% of the stock is currently owned by company insiders.
About Flutter Entertainment
(
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Flutter Entertainment is the world's largest online sports betting and gaming operator with a portfolio of globally recognised brands.
Further Reading
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