888 (LON:888) Share Price Passes Above 200 Day Moving Average of $91.05

888 Holdings plc (LON:888)’s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 91.05 ($1.14) and traded as high as GBX 130 ($1.63). 888 shares last traded at GBX 124.70 ($1.56), with a volume of 6,706,689 shares.

Analyst Upgrades and Downgrades

888 has been the subject of a number of recent research reports. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 145 ($1.81) price target on shares of 888 in a research note on Wednesday, June 7th. Berenberg Bank reiterated a “buy” rating and issued a GBX 190 ($2.38) price target on shares of 888 in a research note on Wednesday, August 23rd. Finally, Numis Securities reiterated a “hold” rating and issued a GBX 101 ($1.26) price target on shares of 888 in a research note on Monday, May 22nd.

888 Stock Down 0.4 %

The firm’s 50-day moving average is GBX 114.26 and its 200 day moving average is GBX 91.05. The company has a debt-to-equity ratio of 1,208.32, a quick ratio of 1.82 and a current ratio of 0.70. The firm has a market capitalization of £559.35 million, a PE ratio of -319.74, a price-to-earnings-growth ratio of 0.48 and a beta of 0.81.

888 Company Profile

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