Entain (LON:ENT) Hits New 1-Year Low – Should You Sell?

Entain Plc (LON:ENTGet Free Report) shares hit a new 52-week low during trading on Monday . The stock traded as low as GBX 519.20 and last traded at GBX 520.60, with a volume of 104518141 shares traded. The stock had previously closed at GBX 534.44.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on ENT. Shore Capital Group reiterated a “buy” rating on shares of Entain in a report on Thursday, April 16th. Citigroup dropped their price objective on shares of Entain from GBX 1,150 to GBX 1,100 and set a “buy” rating on the stock in a report on Tuesday, March 10th. Berenberg Bank restated a “buy” rating and set a GBX 1,200 price objective on shares of Entain in a report on Monday, March 30th. Peel Hunt restated a “buy” rating and set a GBX 750 price objective on shares of Entain in a report on Wednesday, April 15th. Finally, Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Entain from GBX 1,055 to GBX 1,028 and set a “buy” rating on the stock in a report on Wednesday, April 15th. Seven equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of GBX 1,028.

Get Our Latest Report on ENT

Entain Stock Performance

The firm’s fifty day moving average price is GBX 563.97 and its 200-day moving average price is GBX 656.82. The company has a current ratio of 0.52, a quick ratio of 0.74 and a debt-to-equity ratio of 448.61. The company has a market cap of £3.38 billion, a P/E ratio of -5.06, a P/E/G ratio of 0.92 and a beta of 0.76.

About Entain

(Get Free Report)

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. The Group owns proprietary technology across all its core product verticals and in addition to its B2C operations provides services to a number of third-party customers on a B2B basis.

The Group has a 50/50 joint venture, BetMGM, a leader in sports betting and iGaming in the US.

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