Entain Plc (LON:ENT - Get Free Report) shares shot up 0.4% on Thursday . The stock traded as high as GBX 709.60 ($8.81) and last traded at GBX 700.60 ($8.70). 1,395,315 shares traded hands during mid-day trading, a decline of 30% from the average session volume of 2,001,051 shares. The stock had previously closed at GBX 698 ($8.67).
Wall Street Analysts Forecast Growth
A number of brokerages have recently issued reports on ENT. Berenberg Bank dropped their target price on Entain from GBX 1,030 ($12.79) to GBX 1,010 ($12.54) and set a "neutral" rating for the company in a report on Thursday, November 7th. Jefferies Financial Group reissued a "buy" rating and set a GBX 1,140 ($14.16) price target on shares of Entain in a report on Monday, December 16th. Three analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of GBX 1,077.25 ($13.38).
View Our Latest Research Report on ENT
Entain Trading Up 1.3 %
The company has a quick ratio of 0.74, a current ratio of 0.67 and a debt-to-equity ratio of 154.96. The firm has a market capitalization of £4.54 billion, a price-to-earnings ratio of -1,109.38, a price-to-earnings-growth ratio of 0.92 and a beta of 1.19. The business's fifty day moving average is GBX 721.53 and its 200 day moving average is GBX 697.74.
Insider Activity
In related news, insider Ricky Sandler sold 4,334,882 shares of Entain stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of GBX 806 ($10.01), for a total transaction of £34,939,148.92 ($43,391,888.87). 0.26% of the stock is owned by corporate insiders.
Entain Company Profile
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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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