GVC Holdings PLC (LON:GVC) insider J M. Barry Gibson bought 13,000 shares of the stock in a transaction that occurred on Wednesday, November 6th. The stock was bought at an average cost of GBX 794 ($10.38) per share, for a total transaction of £103,220 ($134,875.21).
GVC stock opened at GBX 803.20 ($10.50) on Friday. The company has a market capitalization of $4.68 billion and a PE ratio of -26.16. GVC Holdings PLC has a one year low of GBX 504 ($6.59) and a one year high of GBX 913.63 ($11.94). The company’s 50 day moving average price is GBX 811.11 and its two-hundred day moving average price is GBX 670.04. The company has a debt-to-equity ratio of 79.61, a quick ratio of 0.69 and a current ratio of 0.74.
GVC has been the topic of a number of recent analyst reports. Deutsche Bank reaffirmed a “buy” rating on shares of GVC in a research note on Wednesday, October 30th. Peel Hunt reaffirmed a “buy” rating and issued a GBX 900 ($11.76) target price on shares of GVC in a research note on Thursday, August 15th. JPMorgan Chase & Co. initiated coverage on shares of GVC in a research note on Friday, October 11th. They issued an “overweight” rating and a GBX 1,040 ($13.59) target price on the stock. HSBC raised their target price on shares of GVC from GBX 910 ($11.89) to GBX 1,070 ($13.98) and gave the company a “buy” rating in a research note on Monday, October 28th. Finally, Barclays raised their target price on shares of GVC from GBX 913 ($11.93) to GBX 1,050 ($13.72) and gave the company an “overweight” rating in a research note on Tuesday, October 29th. Fourteen analysts have rated the stock with a buy rating, The stock presently has a consensus rating of “Buy” and an average target price of GBX 1,040.85 ($13.60).
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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