Shares of 888 Holdings Public Limited (LON:888) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $142.13 and traded as high as $186.45. 888 Holdings Public shares last traded at $183.40, with a volume of 314,368 shares changing hands.
Several analysts recently commented on 888 shares. Peel Hunt reiterated a “buy” rating on shares of 888 Holdings Public in a report on Friday, June 26th. Deutsche Bank upped their target price on 888 Holdings Public from GBX 188 ($2.31) to GBX 200 ($2.46) and gave the company a “buy” rating in a report on Monday, June 29th. Finally, JPMorgan Chase & Co. boosted their price target on 888 Holdings Public from GBX 180 ($2.22) to GBX 200 ($2.46) and gave the company an “overweight” rating in a research note on Monday, June 29th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of GBX 214.50 ($2.64).
The company has a quick ratio of 0.58, a current ratio of 0.60 and a debt-to-equity ratio of 31.88. The company has a 50 day simple moving average of GBX 173.56 and a 200-day simple moving average of GBX 142.13. The stock has a market capitalization of $677.00 million and a price-to-earnings ratio of 16.25.
888 Holdings plc, together with its subsidiaries, provides online gaming entertainment products and solutions. It operates through Business to Customer and Business to Business segments. The company owns proprietary software solutions that provide a range of virtual online gaming services over the Internet, including casino and games, poker, bingo, sport, and Mytopia social games to the end users and business partners.
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