Entain Plc (OTCMKTS:GMVHY – Get Free Report) shares saw unusually-strong trading volume on Friday. Approximately 137,084 shares changed hands during mid-day trading, an increase of 103% from the previous session’s volume of 67,609 shares. The stock last traded at $5.90 and had previously closed at $5.78.
Wall Street Analyst Weigh In
A number of equities research analysts have recently weighed in on the company. Zacks Research raised Entain to a “hold” rating in a report on Wednesday, August 19th. Kepler Capital Markets upgraded Entain from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, September 1st. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Buy”.
Check Out Our Latest Report on Entain
Entain Price Performance
The stock’s 50-day moving average is $6.54 and its 200-day moving average is $7.12.
Entain Company Profile
Entain plc is an international sports-betting and gaming company operating primarily through online platforms and retail betting locations. The company offers sports wagering, casino games, poker, bingo and other interactive gaming products through a portfolio of consumer brands.
Its brands have included bwin, Coral, Ladbrokes, PartyPoker and Sportingbet. Entain also operates BetMGM, a sports-betting and iGaming business formed through a joint venture with MGM Resorts International. The company serves customers across multiple regulated markets, including the United Kingdom, Europe, Australia and selected markets in the Americas.
Entain was formerly known as GVC Holdings and adopted the Entain name in 2020 as part of a broader repositioning of the business.
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