Entain (LON:ENT) Trading 6.8% Higher – Should You Buy?

Shares of Entain Plc (LON:ENT) traded up 6.8% during mid-day trading on Monday . The stock traded as high as GBX 647.80 ($8.70) and last traded at GBX 628.20 ($8.44). 3,598,070 shares traded hands during trading, a decline of 53% from the average session volume of 7,631,313 shares. The stock had previously closed at GBX 588.30 ($7.90).

Analyst Upgrades and Downgrades

Separately, Berenberg Bank raised their price target on shares of Entain from GBX 1,035 ($13.91) to GBX 1,100 ($14.78) and gave the stock a “buy” rating in a research note on Thursday, March 13th.

Entain Stock Up 6.8 %

The stock has a market capitalization of £4.03 billion, a P/E ratio of -8.56, a price-to-earnings-growth ratio of 0.92 and a beta of 1.19. The company has a debt-to-equity ratio of 188.61, a current ratio of 0.82 and a quick ratio of 0.74. The stock has a fifty day moving average price of GBX 624.83 and a 200 day moving average price of GBX 691.20.

About Entain

Entain plc (LSE: ENT) is a FTSE100 company and is one of the world’s largest sports betting and gaming groups, operating both online and in the retail sector. The Group owns a comprehensive portfolio of established brands; Sports brands include BetCity, bwin, Coral, Crystalbet, Eurobet, Ladbrokes, Neds, Sportingbet, Sports Interaction, STS, SuperSport and TAB NZ; Gaming brands include Foxy Bingo, Gala, GiocoDigitale, Ninja Casino, Optibet, Partypoker and PartyCasino.