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Flutter Entertainment plc (OTCMKTS:PDYPY – get rating) Short interest fell sharply in December. As of December 15, the short position totaled 200 shares, a decrease of 80.0% from the 1,000 shares on November 30. Based on an average volume of 47,300 shares, the short interest rate is currently 0.0 days.
Flutter Entertainment Price Performance
OTCMKTS PDYPY It fell $1.69 to $68.31 during Wednesday’s session. The company’s shares changed hands with 9,586 shares compared with an average volume of 45,743 shares. Flutter Entertainment had 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 200-day moving average is $59.95.
Wall Street analysts forecast growth
Several research analysts have recently published reports on the company. Exane BNP Paribas began coverage on shares of Flutter Entertainment in a research report on Thursday, October 6th. They have an “outperform” rating on the stock. Barclays downgraded shares of Flutter Entertainment from an “overweight” rating to an “equal weight” rating in a research report on Wednesday, October 19th. JPMorgan Chase & Co upped their price target on Flutter Entertainment from £148 ($178.61) to £161 ($194.30) in a research report on Wednesday, November 30th. Jefferies Financial Group upped their price target on Flutter Entertainment from £129 ($155.68) to £150 ($181.03) in a research note on Wednesday, November 16th. Finally, Citigroup downgraded shares of Flutter Entertainment from a “buy” rating to a “neutral” rating in a research report on Wednesday, September 21st. Two equity research analysts have rated the stock with a hold rating and four have issued a buy rating on the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $15,000.00.
About
Flutter Entertainment plc operates as a sportsbook in the UK, Ireland, Australia, the US and internationally. The company operates through four segments: UK & Ireland, Australia, International and US. It offers sports betting and redemption sports betting products, daily fantasy sports 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.
further reading
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