Entain (OTCMKTS:GMVHY) Shares Gap Down – Here’s What Happened

Entain Plc (OTCMKTS:GMVHY) shares gapped down prior to trading on Monday . The stock had previously closed at $6.60, but opened at $6.1850. Entain shares last traded at $6.1850, with a volume of 927 shares changing hands.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on GMVHY shares. Kepler Capital Markets raised Entain from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, September 1st. Zacks Research raised Entain to a “hold” rating in a research report on Wednesday, August 19th. One equities research analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Buy”.

Entain Price Performance

The business’s 50-day moving average is $7.17 and its two-hundred day moving average is $7.36.

About Entain

Entain plc is a global sports-betting and gaming company that operates online betting and gaming platforms, as well as retail betting shops in selected markets. Its offerings include sports wagering, casino games, poker, bingo and other interactive entertainment products, supported by proprietary technology and customer-facing digital platforms.

The company operates a portfolio of well-known brands, including bwin, Coral, Ladbrokes, partypoker, Sportingbet, 32Red and Neds. Entain also owns a significant interest in BetMGM, a sports-betting and iGaming business operated through a joint venture with MGM Resorts International.