Entain (OTCMKTS:GMVHF) Stock Price Down 6.4% – Here’s What Happened
by Teresa Graham · The Cerbat GemEntain Plc (OTCMKTS:GMVHF – Get Free Report) shares were down 6.4% on Monday . The company traded as low as $7.3680 and last traded at $7.3860. Approximately 18,114 shares changed hands during trading, an increase of 89% from the average daily volume of 9,592 shares. The stock had previously closed at $7.8920.
Entain Stock Performance
The stock’s 50 day simple moving average is $7.93 and its two-hundred day simple moving average is $9.58.
About Entain
Entain PLC, trading in the US over-the-counter as GMVHF, is a global sports-betting and gaming group offering both online and retail wagering services. Through a portfolio of well-known brands—such as Ladbrokes, Coral, bwin, PartyPoker and PartyCasino—the company provides sports betting, casino, poker, bingo and esports products to customers in regulated markets worldwide. Entain’s platforms support multiple channels of distribution, combining digital technology with a network of retail shops in the United Kingdom, Ireland, Spain, Italy and Germany.
Founded in 2004 under the name GVC Holdings, the business expanded rapidly through strategic acquisitions and the development of proprietary technology.