Entain Plc (OTCMKTS:GMVHF) Receives Average Rating of “Moderate Buy” from Brokerages

Entain Plc (OTCMKTS:GMVHF) has been assigned a consensus recommendation of “Moderate Buy” from the seven research firms that are covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold rating and six have issued a buy rating on the company.

Separately, HSBC upgraded Entain from a “hold” rating to a “buy” rating in a research report on Monday, November 24th.

Entain Trading Down 0.2%

Shares of GMVHF stock opened at $7.84 on Friday. Entain has a 1 year low of $6.04 and a 1 year high of $13.88. The stock has a 50 day simple moving average of $9.32 and a 200 day simple moving average of $10.47.

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.