Entain (OTCMKTS:GMVHF – Get Free Report) is expected to post its resultson Thursday, August 13th. Analysts expect Entain to post earnings of $0.4704 per share and revenue of $3.6192 billion for the quarter.
Entain Trading Up 1.5%
Shares of OTCMKTS GMVHF opened at $7.61 on Wednesday. The company has a 50-day moving average price of $7.57 and a 200-day moving average price of $7.75. Entain has a 1 year low of $6.74 and a 1 year high of $12.69.
Analyst Upgrades and Downgrades
A number of analysts have commented on GMVHF shares. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Entain in a report on Friday, May 15th. Morgan Stanley restated an “overweight” rating on shares of Entain in a report on Wednesday, July 15th. Finally, BNP Paribas Exane began coverage on Entain in a research report on Thursday, May 14th. They set an “outperform” rating on the stock. Five analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has an average rating of “Buy”.
Entain Company Profile
Entain PLC, trading in the US over-the-counter as GMVHF, is a global sports-betting and gaming group offering both online and retail wagering services. Through a portfolio of well-known brands—such as Ladbrokes, Coral, bwin, PartyPoker and PartyCasino—the company provides sports betting, casino, poker, bingo and esports products to customers in regulated markets worldwide. Entain’s platforms support multiple channels of distribution, combining digital technology with a network of retail shops in the United Kingdom, Ireland, Spain, Italy and Germany.
Founded in 2004 under the name GVC Holdings, the business expanded rapidly through strategic acquisitions and the development of proprietary technology.
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