Entain (OTCMKTS:GMVHF) Shares Up 6.3% – What’s Next?

by · The Markets Daily

Entain Plc (OTCMKTS:GMVHF – Get Free Report) traded up 6.3% on Monday . The stock traded as high as $10.28 and last traded at $10.22. 28,011 shares traded hands during trading, an increase of 116% from the average session volume of 12,972 shares. The stock had previously closed at $9.61.

Analyst Upgrades and Downgrades

GMVHF has been the topic of a number of research analyst reports. Investec cut shares of Entain to a “hold” rating in a research report on Monday, July 28th. Morgan Stanley reaffirmed an “overweight” rating on shares of Entain in a research note on Wednesday, September 3rd. HSBC cut Entain from a “buy” rating to a “hold” rating in a research note on Thursday, September 4th. Finally, Citigroup reaffirmed a “buy” rating on shares of Entain in a research report on Wednesday, October 22nd. Five analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy”.

Check Out Our Latest Stock Analysis on Entain

Entain Stock Performance

The business has a 50 day simple moving average of $11.37 and a 200-day simple moving average of $11.50.

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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