888 (LON:888) Shares Pass Above 200-Day Moving Average of $85.97

888 Holdings plc (LON:888) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 85.97 ($1.10) and traded as high as GBX 88 ($1.13). 888 shares last traded at GBX 85.40 ($1.09), with a volume of 733,225 shares traded.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the company. Berenberg Bank restated a “buy” rating and set a GBX 130 ($1.67) target price on shares of 888 in a report on Wednesday, April 17th. Numis Securities restated a “hold” rating and set a GBX 85 ($1.09) target price on shares of 888 in a report on Friday, April 19th.

888 Stock Performance

The company has a quick ratio of 1.82, a current ratio of 0.69 and a debt-to-equity ratio of 2,188.61. The stock has a market cap of £383.53 million, a P/E ratio of -656.92, a PEG ratio of 0.48 and a beta of 0.96. The stock has a fifty day simple moving average of GBX 85.64 and a 200-day simple moving average of GBX 85.97.

888 Company Profile

888 Holdings plc, together with its subsidiaries, provides online betting and gaming products and solutions in the United Kingdom, Ireland Italy, Spain, and internationally. The company operates through Retail, UK Online, and International segments. It engages in the operation of gaming machines; and sports betting, casino, poker, and other gaming products, as well as offers telephone betting services.