Entain (LON:ENT) Sets New 12-Month Low at $617.80

Entain Plc (LON:ENT) shares hit a new 52-week low on Wednesday . The company traded as low as GBX 617.80 ($7.81) and last traded at GBX 618.60 ($7.82), with a volume of 1506941 shares trading hands. The stock had previously closed at GBX 629.60 ($7.96).

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the stock. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 1,089 ($13.77) price target on shares of Entain in a research report on Thursday, April 18th. Berenberg Bank restated a “buy” rating and issued a GBX 1,140 ($14.42) price objective on shares of Entain in a research note on Wednesday, April 17th. Shore Capital restated a “buy” rating on shares of Entain in a research note on Wednesday, April 17th. Finally, Jefferies Financial Group restated a “buy” rating and issued a GBX 1,140 ($14.42) price objective on shares of Entain in a research note on Monday, June 24th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of GBX 1,143.17 ($14.46).

Entain Stock Performance

The firm has a fifty day moving average of GBX 718.84 and a 200-day moving average of GBX 833.54. The stock has a market capitalization of £4.03 billion, a price-to-earnings ratio of -438.72, a PEG ratio of 0.92 and a beta of 1.24. The company has a quick ratio of 0.74, a current ratio of 0.56 and a debt-to-equity ratio of 134.33.

Insider Transactions at Entain

In other Entain news, insider J M. Barry Gibson acquired 5,066 shares of the stock in a transaction dated Monday, June 3rd. The stock was acquired at an average price of GBX 687 ($8.69) per share, with a total value of £34,803.42 ($44,021.53). In other Entain news, insider Ricky Sandler sold 924,505 shares of the business’s stock in a transaction dated Friday, April 26th. The stock was sold at an average price of GBX 784 ($9.92), for a total transaction of £7,248,119.20 ($9,167,871.49). Also, insider J M. Barry Gibson purchased 5,066 shares of the stock in a transaction on Monday, June 3rd. The shares were purchased at an average cost of GBX 687 ($8.69) per share, with a total value of £34,803.42 ($44,021.53). Insiders own 0.20% of the company’s stock.

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.