Entain (OTCMKTS:GMVHY) Sets New 12-Month Low – Time to Sell?

Entain Plc (OTCMKTS:GMVHYGet Free Report)’s share price hit a new 52-week low during trading on Monday . The stock traded as low as $6.82 and last traded at $6.82, with a volume of 12193 shares trading hands. The stock had previously closed at $6.87.

Analyst Ratings Changes

Separately, Zacks Research raised Entain to a “hold” rating in a research note on Wednesday, August 19th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold”.

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Entain Stock Performance

The company’s 50 day moving average is $7.31 and its 200-day moving average is $7.47.

Entain Company Profile

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Entain plc (OTCMKTS: GMVHY) is a leading global sports betting and gaming group operating through a diversified portfolio of online and retail channels. The company engages consumers via proprietary platforms and third-party partnerships, focusing on regulated markets to deliver a range of wagering and gaming experiences.

Entain’s portfolio includes well-known brands such as Ladbrokes, Coral, bwin, Sportingbet, partypoker and Foxy Bingo. Its offerings span online sports betting, casino games, poker, bingo and daily fantasy sports, in addition to a network of retail betting shops in the United Kingdom and Ireland.

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