888 (LON:888) Stock Passes Below 200 Day Moving Average of $85.96

888 Holdings plc (LON:888) shares passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 85.96 ($1.09) and traded as low as GBX 81.20 ($1.03). 888 shares last traded at GBX 85.40 ($1.08), with a volume of 733,225 shares traded.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on 888. Numis Securities reissued a “hold” rating and set a GBX 85 ($1.08) price target on shares of 888 in a research report on Friday, April 19th. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 130 ($1.65) target price on shares of 888 in a report on Wednesday, April 17th.

888 Price Performance

The company has a market capitalization of £383.53 million, a PE ratio of -656.92, a price-to-earnings-growth ratio of 0.48 and a beta of 0.96. The company has a debt-to-equity ratio of 2,188.61, a current ratio of 0.69 and a quick ratio of 1.82. The company’s 50 day simple moving average is GBX 85.02 and its 200 day simple moving average is GBX 85.96.

About 888

888 Holdings plc, together with its subsidiaries, provides online betting and gaming products and solutions in the United Kingdom, Ireland Italy, Spain, and internationally. The company operates through Retail, UK Online, and International segments. It engages in the operation of gaming machines; and sports betting, casino, poker, and other gaming products, as well as offers telephone betting services.