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

Shares of Entain Plc (OTCMKTS:GMVHY) 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 trading hands.

Analyst Ratings Changes

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

Entain Stock Down 0.1%

The stock’s fifty day moving average price is $7.17 and its 200-day moving average price 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.