Entain (OTCMKTS:GMVHF) Shares Climb 1.5% – Still a Buy?

Entain Plc (OTCMKTS:GMVHF) shares rose 1.5% during trading on Monday. The stock traded as high as $6.5760 and last traded at $6.3360. Approximately 29,491 shares were traded during trading, an increase of 116% from the average session volume of 13,640 shares. The stock had previously closed at $6.2450.

Analyst Ratings Changes

A number of analysts have commented on GMVHF shares. Susquehanna reissued a “positive” rating on shares of Entain in a report on Thursday, August 20th. Morgan Stanley reaffirmed an “overweight” rating on shares of Entain in a report on Wednesday, July 15th. Finally, Citigroup reaffirmed a “positive” rating on shares of Entain in a research report on Thursday, October 8th. Six analysts have rated the stock with a Buy rating. According to data from MarketBeat.com, Entain has a consensus rating of “Buy”.

Entain Trading Up 1.5%

The firm’s fifty day moving average price is $6.38 and its two-hundred day moving average price is $7.45.

Entain Company Profile

Entain plc is a global sports betting and gambling company headquartered in the United Kingdom. The company operates online and retail betting and gaming businesses, offering sports wagering, casino games, poker, bingo and other interactive entertainment products through a portfolio of consumer brands.

Its brands have included Ladbrokes, Coral, bwin, PartyPoker, Sportingbet, BetCity, Crystalbet and 888sport in certain markets. Entain also operates BetMGM outside Nevada through a joint venture with MGM Resorts International, providing online sports betting and iGaming services in eligible U.S.