Entain (LON:ENT) Reaches New 52-Week Low at $639.00

Shares of Entain Plc (LON:ENT - Get Free Report) reached a new 52-week low during trading on Thursday . The stock traded as low as GBX 639 ($8.11) and last traded at GBX 641 ($8.13), with a volume of 7914641 shares traded. The stock had previously closed at GBX 647.20 ($8.21).

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the stock. Shore Capital reiterated a "buy" rating on shares of Entain in a research note on Wednesday, April 17th. Jefferies Financial Group reissued a "buy" rating and set a GBX 1,140 ($14.46) target price on shares of Entain in a research note on Monday. Berenberg Bank restated a "buy" rating and issued a GBX 1,140 ($14.46) price target on shares of Entain in a research note on Wednesday, April 17th. Finally, Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and issued a GBX 1,089 ($13.81) price objective on shares of Entain in a research report on Thursday, April 18th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, Entain currently has a consensus rating of "Moderate Buy" and an average target price of GBX 1,143.17 ($14.50).

Entain Trading Down 2.0 %

The firm has a market cap of £4.05 billion, a price-to-earnings ratio of -449.93, a PEG ratio of 0.92 and a beta of 1.24. The business has a fifty day moving average of GBX 735.76 and a two-hundred day moving average of GBX 840.35. The company has a debt-to-equity ratio of 134.33, a quick ratio of 0.74 and a current ratio of 0.56.

Insiders Place Their Bets

In other Entain news, insider J M. Barry Gibson acquired 5,066 shares of the stock in a transaction that occurred on Monday, June 3rd. The shares were purchased at an average cost of GBX 687 ($8.71) per share, with a total value of £34,803.42 ($44,149.97). In other Entain news, insider Ricky Sandler sold 372,417 shares of the firm's stock in a transaction on Thursday, May 2nd. The stock was sold at an average price of GBX 785 ($9.96), for a total transaction of £2,923,473.45 ($3,708,579.79). Also, insider J M. Barry Gibson purchased 5,066 shares of the business's stock in a transaction dated Monday, June 3rd. The stock was bought at an average cost of GBX 687 ($8.71) per share, with a total value of £34,803.42 ($44,149.97). 0.20% of the stock is owned by company insiders.

Entain Company Profile

Entain Plc operates as a sports-betting and gaming company. The company provides online and multi-channel betting under the Ladbrokes name; street and online betting under the Coral name; online sports betting, casino, and gaming under the Eurobet name; scores, sports information, editorial and social content, and sports focused free-to play games under the 365Scores name; sports betting and games under the SuperSport and BetCity names; online betting under the bwin name; and sports betting, poker, and casino games under the Crystalbet name.