Flutter Entertainment plc (OTCMKTS:PDYPY – Get Rating) saw a large drop in short interest during the month of December. As of December 15th, there was short interest totaling 200 shares, down 80.0% from November 30th’s total of 1,000 shares. Based on an average trading volume of 47,300 shares, the short interest indicator is currently 0.0 days.
Courtesy of Flutter Entertainment
OTCMKTS PDYPY traded down $1.69 during trading hours on Wednesday, reaching $68.31. 9,586 shares of the company exchanged hands, compared to its average volume of 45,743. Flutter Entertainment has a one year low of $43.71 and a one year high of $81.55. The company’s 50-day moving average is $69.01, and its two-hundred-day moving average is $59.95.
Wall Street analysts predict growth
Several research analysts have recently issued reports on the company. Exane BNP Paribas initiated coverage on Flutter Entertainment in a research report on Thursday, October 6th. They issued an “outperform” rating on the stock. Barclays lowered Flutter Entertainment from an “overweight” rating to an “equal weight” rating in a research note on Wednesday, October 19th. JPMorgan Chase & Co. boosted their price target on shares of Flutter Entertainment from £148 ($178.61) to £161 ($194.30) in a research note on Wednesday, November 30th. Jefferies Financial Group upped their target price on shares of Flutter Entertainment from £129 ($155.68) to £150 ($181.03) in a research note on Wednesday, November 16th. Finally, Citigroup lowered shares of Flutter Entertainment from a “buy” rating to a “neutral” rating in a research report on Wednesday, September 21st. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The company has a consensus rating of “Average Buy” and an average target price of $15,000.00, based on data from MarketBeat.com.
About Flutter Entertainment
Flutter Entertainment plc operates as a sports betting and gaming company in the United Kingdom, Ireland, Australia, the United States and internationally. The company operates in four sectors: UK & Ireland, Australia, International & USA. It offers sports betting and sports betting exchange products, daily fantasy sports betting products and pari-mutuel betting products. fixed odds game betting products. online games and casinos; peer-to-peer games, including online bingo, rummy and poker; and business-to-business services.
This instant news alert is powered by narrative science technology and financial data from MarketBeat to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat’s editorial team prior to publication. Send any questions or comments about this story to [email protected]
Before you consider Flutter Entertainment, you’ll want to hear it.
MarketBeat tracks Wall Street’s top and best performing research analysts daily and the stocks they recommend to their clients. MarketBeat identified the five stocks top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Flutter Entertainment wasn’t on the list.
While Flutter Entertainment currently has a “Moderate Buy” rating among analysts, top analysts believe these five stocks are better buys.
See the five stocks here