Entain (LON:ENT) Reaches New 12-Month Low – Should You Sell?

Entain Plc (LON:ENT) shares hit a new 52-week low during trading on Monday . The stock traded as low as GBX 452.50 ($5.83) and last traded at GBX 473.63 ($6.11), with a volume of 24222740 shares traded. The stock had previously closed at GBX 501.20 ($6.46).

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the stock. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 1,140 ($14.69) price target on shares of Entain in a research note on Monday, December 16th. Berenberg Bank raised their price objective on Entain from GBX 1,035 ($13.34) to GBX 1,100 ($14.18) and gave the company a “buy” rating in a report on Thursday, March 13th. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat, Entain presently has an average rating of “Moderate Buy” and a consensus target price of GBX 1,109.67 ($14.30).

Entain Stock Down 5.1 %

The firm has a market capitalization of £3.05 billion, a P/E ratio of -6.48, a PEG ratio of 0.92 and a beta of 1.19. The firm’s 50 day moving average is GBX 685.19 and its two-hundred day moving average is GBX 716.49. The company has a debt-to-equity ratio of 188.61, a current ratio of 0.82 and a quick ratio of 0.74.

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.