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Flutter Entertainment (LON:FLTR) Stock Price Down 1.1% - What's Next?

Flutter Entertainment logo with Consumer Cyclical background

Flutter Entertainment plc (LON:FLTR - Get Free Report) shares fell 1.1% during mid-day trading on Wednesday . The stock traded as low as £179.35 ($242.76) and last traded at £180.70 ($244.59). 46,327 shares were traded during mid-day trading, a decline of 82% from the average session volume of 252,167 shares. The stock had previously closed at £182.80 ($247.43).

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reiterated a "buy" rating and issued a £247 ($334.33) price target on shares of Flutter Entertainment in a research report on Friday, March 14th.

View Our Latest Report on Flutter Entertainment

Flutter Entertainment Trading Up 2.6%

The company has a fifty day moving average of £177.72 and a two-hundred day moving average of £197.51. 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 market capitalization of £41.73 billion, a price-to-earnings ratio of -65.71, a price-to-earnings-growth ratio of 1.76 and a beta of 1.24.

Insider Buying and Selling at Flutter Entertainment

In other news, insider Rob Coldrake sold 129 shares of the company's stock in a transaction on Monday, May 12th. The stock was sold at an average price of £184 ($249.05), for a total transaction of £23,736 ($32,127.77). Also, insider Peter Jackson sold 1,659 shares of the company's stock in a transaction on Monday, May 12th. The shares were sold at an average price of £184 ($249.05), for a total value of £305,256 ($413,178.13). Company insiders own 0.08% of the company's stock.

Flutter Entertainment Company Profile

(Get Free Report)

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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