Flutter Entertainment (LON:FLTR) Stock Price Down 0.2% – Time to Sell?

Shares of Flutter Entertainment plc (LON:FLTR) fell 0.2% during trading on Monday. The stock traded as low as GBX 7,536 and last traded at GBX 7,588. Approximately 13,319,006 shares traded hands during mid-day trading, an increase of 2,273% from the average session volume of 561,374 shares. The stock had previously closed at GBX 7,602.

Analyst Ratings Changes

Several equities analysts have recently weighed in on FLTR shares. Jefferies Financial Group reiterated a “buy” rating and issued a £160 target price on shares of Flutter Entertainment in a research note on Monday, July 6th. Citigroup upgraded Flutter Entertainment to a “sell” rating in a research report on Monday, June 29th. Four analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Flutter Entertainment presently has a consensus rating of “Moderate Buy” and a consensus target price of £147.50.

Flutter Entertainment Trading Down 0.2%

The company has a quick ratio of 0.70, a current ratio of 0.89 and a debt-to-equity ratio of 143.53. The firm has a market cap of £13.16 billion, a P/E ratio of -36.13, a PEG ratio of 1.76 and a beta of 1.09. The firm’s fifty day moving average is GBX 7,588 and its two-hundred day moving average is GBX 8,523.30.

About Flutter Entertainment

Flutter Entertainment is the world’s largest online sports betting and gaming operator with a portfolio of globally recognised brands.