GVC Holdings PLC (OTCMKTS:GMVHF) traded up 6.1% during mid-day trading on Friday . The stock traded as high as $11.32 and last traded at $11.32, 350 shares were traded during trading. A decline of 86% from the average session volume of 2,480 shares. The stock had previously closed at $10.67.
Separately, JPMorgan Chase & Co. assumed coverage on GVC in a research report on Friday, October 11th. They set an “overweight” rating on the stock.
The firm has a 50-day simple moving average of $11.09 and a 200-day simple moving average of $8.88.
GVC Holdings PLC, together with its subsidiaries, operates as an online gaming company in Germany, the United Kingdom, rest of Europe, and internationally. It operates through Sports Labels, Games Labels, B2B, and Non-Core segments. The company provides online betting, casino, poker, and bingo services through mobile and web under the Bwin brand; sports betting, casinos, games, and poker through online and mobile under the Sportingbet brand; and online bingo, sportsbook, casino, and poker access under the Betboo brand, as well as operates an online casino Website for German-speaking markets under the CasinoClub brand.
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