Entain (OTCMKTS:GMVHY) Hits New 1-Year Low – Should You Sell?

Entain Plc (OTCMKTS:GMVHY)’s stock price reached a new 52-week low on Monday . The stock traded as low as $6.67 and last traded at $6.68, with a volume of 6255 shares traded. The stock had previously closed at $6.74.

Analysts Set New Price Targets

GMVHY has been the subject of a number of analyst reports. Kepler Capital Markets upgraded Entain from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, September 1st. Zacks Research upgraded Entain to a “hold” rating in a report on Wednesday, August 19th. One analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, Entain currently has an average rating of “Buy”.

Entain Trading Down 0.2%

The firm’s 50-day moving average price is $7.22 and its two-hundred day moving average price is $7.40.

Entain Company Profile

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.