Entain (OTCMKTS:GMVHF) Trading Up 5% – Still a Buy?

Shares of Entain Plc (OTCMKTS:GMVHF) traded up 5% during trading on Wednesday . The stock traded as high as $12.22 and last traded at $12.06. 6,632 shares traded hands during trading, a decline of 57% from the average session volume of 15,406 shares. The stock had previously closed at $11.48.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on GMVHF shares. Investec cut shares of Entain to a “hold” rating in a report on Monday, July 28th. Citigroup reaffirmed a “buy” rating on shares of Entain in a research report on Thursday, July 24th. Morgan Stanley reaffirmed an “overweight” rating on shares of Entain in a research note on Monday, August 4th. The Goldman Sachs Group raised Entain from a “neutral” rating to a “buy” rating in a research note on Thursday, June 26th. Finally, UBS Group raised Entain to a “buy” rating in a research report on Tuesday, May 13th. Five equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

Entain Stock Performance

The stock’s 50 day moving average price is $12.75 and its 200 day moving average price is $10.29.

About Entain

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.