Entain (GMVHF) Projected to Post Earnings on Thursday

Entain (OTCMKTS:GMVHF) will likely be announcing its resultson Thursday, August 13th. Analysts expect the company to announce earnings of $0.4704 per share and revenue of $3.6192 billion for the quarter.

Entain Trading Down 1.3%

Shares of OTCMKTS:GMVHF opened at $7.50 on Tuesday. The firm’s 50 day simple moving average is $7.57 and its 200 day simple moving average is $7.76. Entain has a fifty-two week low of $6.74 and a fifty-two week high of $12.84.

Analysts Set New Price Targets

GMVHF has been the subject of several recent analyst reports. Morgan Stanley reaffirmed an “overweight” rating on shares of Entain in a research note on Wednesday, July 15th. BNP Paribas Exane started coverage on shares of Entain in a research report on Thursday, May 14th. They set an “outperform” rating on the stock. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Entain in a report on Friday, May 15th. Five investment analysts have rated the stock with a Buy rating, According to MarketBeat.com, Entain has an average rating of “Buy”.

Entain Company Profile

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.