Flutter Entertainment (LON:FLTR) Shares Down 1.1% – What’s Next?

Flutter Entertainment plc (LON:FLTRGet Free Report)’s stock price was down 1.1% during trading on Wednesday . The stock traded as low as £179.35 ($243.05) and last traded at £180.70 ($244.88). Approximately 46,327 shares traded hands during trading, a decline of 82% from the average daily volume of 252,167 shares. The stock had previously closed at £182.80 ($247.73).

Analysts Set New Price Targets

Separately, Berenberg Bank reissued a “buy” rating and set a £247 ($334.73) price target on shares of Flutter Entertainment in a research report on Friday, March 14th.

View Our Latest Report on FLTR

Flutter Entertainment Stock Performance

The company has a debt-to-equity ratio of 73.74, a quick ratio of 0.70 and a current ratio of 0.90. The stock’s fifty day moving average price is £177.24 and its 200-day moving average price is £197.97. The company has a market capitalization of £40.90 billion, a P/E ratio of -64.41, a PEG ratio of 1.76 and a beta of 1.24.

Insider Activity

In related news, insider Peter Jackson sold 1,659 shares of the company’s stock in a transaction dated Monday, May 12th. The shares were sold at an average price of £184 ($249.36), for a total value of £305,256 ($413,682.07). Also, insider Rob Coldrake sold 166 shares of the company’s stock in a transaction dated Friday, March 7th. The shares were sold at an average price of £198.30 ($268.74), for a total transaction of £32,917.80 ($44,610.11). In the last ninety days, insiders have sold 1,954 shares of company stock valued at $36,190,980. 0.08% of the stock is owned by company insiders.

About Flutter Entertainment

(Get Free Report)

Flutter Entertainment is the world’s largest online sports betting and gaming operator with a portfolio of globally recognised brands.

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