Entain (LON:ENT) Hits New 1-Year Low at $674.00

Shares of Entain Plc (LON:ENTGet Free Report) reached a new 52-week low on Wednesday . The stock traded as low as GBX 674 ($8.61) and last traded at GBX 674 ($8.61), with a volume of 2763492 shares traded. The stock had previously closed at GBX 707.20 ($9.03).

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the company. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 1,089 ($13.91) price objective on shares of Entain in a research note on Thursday, April 18th. Shore Capital reaffirmed a “buy” rating on shares of Entain in a research report on Wednesday, April 17th. Jefferies Financial Group reiterated a “buy” rating and set a GBX 1,140 ($14.56) target price on shares of Entain in a research report on Friday, April 12th. Barclays downgraded Entain to an “equal weight” rating and reduced their target price for the company from GBX 1,120 ($14.30) to GBX 1,070 ($13.67) in a research note on Tuesday, February 6th. Finally, Berenberg Bank reaffirmed a “buy” rating and set a GBX 1,140 ($14.56) price target on shares of Entain in a research note on Wednesday, April 17th. One analyst has rated the stock with a sell rating, one has given a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of GBX 1,143.17 ($14.60).

Read Our Latest Research Report on Entain

Entain Price Performance

The stock has a market capitalization of £4.23 billion, a P/E ratio of -473.90, a price-to-earnings-growth ratio of 0.92 and a beta of 1.24. The business has a fifty day simple moving average of GBX 780.29 and a 200 day simple moving average of GBX 860.59. The company has a current ratio of 0.56, a quick ratio of 0.74 and a debt-to-equity ratio of 134.33.

Entain Dividend Announcement

The business also recently announced a dividend, which was paid on Friday, April 26th. Investors of record on Thursday, March 14th were given a dividend of GBX 8.90 ($0.11) per share. The ex-dividend date of this dividend was Thursday, March 14th. This represents a dividend yield of 1.07%. Entain’s payout ratio is -1,276.60%.

Insider Activity at Entain

In other news, insider Stella David acquired 65,000 shares of the business’s stock in a transaction on Monday, March 11th. The shares were purchased at an average cost of GBX 736 ($9.40) per share, with a total value of £478,400 ($610,983.40). In other news, insider Stella David acquired 65,000 shares of the firm’s stock in a transaction on Monday, March 11th. The stock was purchased at an average price of GBX 736 ($9.40) per share, for a total transaction of £478,400 ($610,983.40). Also, insider Ricky Sandler sold 372,417 shares of Entain stock in a transaction that occurred on Thursday, May 2nd. The stock was sold at an average price of GBX 785 ($10.03), for a total transaction of £2,923,473.45 ($3,733,682.57). 0.20% of the stock is currently owned by insiders.

Entain Company Profile

(Get Free Report)

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.

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