Flutter Entertainment (LON:FLTR) Hits New 1-Year High - What's Next?

Shares of Flutter Entertainment plc (LON:FLTR - Get Free Report) reached a new 52-week high on Monday . The company traded as high as £18,170 ($23,560.68) and last traded at £182.45 ($236.58), with a volume of 106161 shares. The stock had previously closed at £181.55 ($235.41).

Wall Street Analyst Weigh In

Separately, Berenberg Bank reissued a "buy" rating and set a £247 ($320.28) target price on shares of Flutter Entertainment in a report on Friday, March 14th. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of £212.47 ($275.51).

Flutter Entertainment Price Performance

The company has a 50 day moving average of £209.35 and a 200-day moving average of £197.86. The firm has a market capitalization of £41.49 billion, a P/E ratio of -65.33, a P/E/G 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.

Insider Activity

In other news, insider Rob Coldrake sold 166 shares of the company's stock in a transaction on Friday, March 7th. The stock was sold at an average price of £198.30 ($257.13), for a total transaction of £32,917.80 ($42,683.87). Corporate insiders own 0.08% of the company's stock.

Flutter Entertainment Company Profile

Flutter Entertainment is the world's largest online sports betting and gaming operator with a portfolio of globally recognised brands.