Entain (LON:ENT) Trading Down 2.9% - Time to Sell?

Shares of Entain Plc (LON:ENT - Get Free Report) traded down 2.9% during mid-day trading on Monday . The stock traded as low as GBX 555 and last traded at GBX 567. 5,972,612 shares were traded during trading, a decline of 61% from the average session volume of 15,335,766 shares. The stock had previously closed at GBX 584.20.Analyst Upgrades and DowngradesSeveral research analysts recently weighed in on ENT shares. Jefferies Financial Group restated a "buy" rating and set a GBX 1,000 price target on shares of Entain in a research report on Wednesday, April 15th. Citigroup reduced their price target on shares of Entain from GBX 1,150 to GBX 1,100 and set a "buy" rating for the company in a research report on Tuesday, March 10th. Shore Capital Group restated a "buy" rating on shares of Entain in a research report on Thursday, April 16th. Peel Hunt restated a "buy" rating and set a GBX 750 price target on shares of Entain in a research report on Wednesday, April 15th. Finally, Berenberg Bank restated a "buy" rating and set a GBX 1,200 price target on shares of Entain in a research report on Monday, March 30th. Seven investment analysts have rated the stock with a Buy rating, According to MarketBeat, the company has an average rating of "Buy" and an average target price of GBX 1,028.Get Our Latest Stock Analysis on ENTEntain Stock PerformanceThe stock has a market cap of £3.63 billion, a price-to-earnings ratio of -5.44, a P/E/G ratio of 0.92 and a beta of 0.82. The company has a current ratio of 0.52, a quick ratio of 0.74 and a debt-to-equity ratio of 448.61. The firm's 50-day moving average is GBX 571.34 and its two-hundred day moving average is GBX 678.17. Entain Company Profile (Get Free Report)Entain plc LSE: ENT is a FTSE100 company and is one of the world's largest sports betting and gaming groups, operating both online and in the retail sector. The Group owns a comprehensive portfolio of established brands; Sports brands include BetCity, bwin, Coral, Crystalbet, Eurobet, Ladbrokes, Neds, Sportingbet, Sports Interaction, STS, SuperSport and TAB NZ; Gaming brands include Foxy Bingo, Gala, GiocoDigitale, Ninja Casino, Optibet, Partypoker and PartyCasino. The Group owns proprietary technology across all its core product verticals and in addition to its B2C operations provides services to a number of third-party customers on a B2B basis. The Group has a 50/50 joint venture, BetMGM, a leader in sports betting and iGaming in the US.Read MoreFive stocks we like better than EntainThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Entain Right Now?Before you consider Entain, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Entain wasn't on the list.While Entain currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here