Entain Plc (OTCMKTS:GMVHF) Given Average Rating of “Moderate Buy” by Analysts

Shares of Entain Plc (OTCMKTS:GMVHF) have been assigned an average rating of “Moderate Buy” from the six brokerages that are covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company.

GMVHF has been the subject of a number of research reports. BNP Paribas Exane assumed coverage on Entain in a research report on Thursday, May 14th. They set an “outperform” rating for the company. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Entain in a research note on Friday, May 15th.

Entain Stock Performance

GMVHF stock opened at $7.38 on Friday. The business has a fifty day simple moving average of $7.56 and a 200-day simple moving average of $8.26. Entain has a 52 week low of $6.74 and a 52 week high of $13.88.

About Entain

Entain PLC, trading in the US over-the-counter as GMVHF, is a global sports-betting and gaming group offering both online and retail wagering services. Through a portfolio of well-known brands—such as Ladbrokes, Coral, bwin, PartyPoker and PartyCasino—the company provides sports betting, casino, poker, bingo and esports products to customers in regulated markets worldwide. Entain’s platforms support multiple channels of distribution, combining digital technology with a network of retail shops in the United Kingdom, Ireland, Spain, Italy and Germany.

Founded in 2004 under the name GVC Holdings, the business expanded rapidly through strategic acquisitions and the development of proprietary technology.