Shares of Entain Plc (OTCMKTS:GMVHY – Get Free Report) were up 3.9% during trading on Wednesday. The company traded as high as $5.84 and last traded at $5.84. Approximately 5,911 shares were traded during trading, a decline of 91% from the average session volume of 68,162 shares. The stock had previously closed at $5.62.
Analysts Set New Price Targets
A number of brokerages recently weighed in on GMVHY. Kepler Capital Markets raised shares of Entain from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, September 1st. Zacks Research upgraded Entain to a “hold” rating in a research note on Wednesday, August 19th. One equities research analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, Entain presently has a consensus rating of “Buy”.
Get Our Latest Research Report on Entain
Entain Stock Down 0.5%
The business has a fifty day simple moving average of $6.54 and a two-hundred day simple moving average of $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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