|Bid||1.4160 x 0|
|Ask||1.4980 x 0|
|Day's range||1.2560 - 1.2560|
|52-week range||0.8130 - 2.0360|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Not every business will suffer from the lockdown. Paul Summers picks out three that should see demand for services and products increase.The post As the coronavirus lockdown continues, I think these small-cap stocks could be worth buying appeared first on The Motley Fool UK.
(Bloomberg) -- Britons stuck at home due to the coronavirus outbreak are hitting the online casinos, providing a boost for operators of virtual games such as blackjack and roulette.888 Holdings Plc said Tuesday it’s seen increased customer activity in the casino and poker operations that make up the majority of its revenue, echoing comments made on March 19 by gambling-technology firm Playtech Plc.The “encouraging” update from 888 reinforces the view that gambling companies can mitigate losses arising from the cancellation of sporting events, Gavin Kelleher, an analyst at broker Goodbody, said in a note. 888 got about 15% of revenue from sports betting in 2018.888 stock soared as much as 38% Tuesday, the most ever, paring a plunge that followed widespread postponement of sports from soccer to horse racing as well as broader concerns about the virus’s impact on the economy. The shares are down 33% in the year to date, much less than the 77% drop for bookmaker William Hill Plc, which relies more on sports.Among 888’s closest peers, Gamesys Group Plc has risen about 32% since the firm said March 17 it’s seeing “good momentum across the business.” But despite Playtech’s comments, its stock is down about 56% over the past month.Peel Hunt analysts Ivor Jones and Douglas Jack warned last week that Playtech’s live casino operation requires a large number of employees to be in the same place at the same time, operating tables that are streamed to people playing online. The U.K. announced a ban on all unnecessary movement of people for at least three weeks on Monday.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
The company joined the ranks of peers Paddy Power and Betfair-owner Flutter Entertainment, Ladbrokes-owner GVC and William Hill, all of which last week warned of a big hit to earnings because of sports events being stopped. The company also said more people were playing casino and poker, with its customer facing business recording a 20% jump in customer acquisition year to date, as they remained holed up in their homes because of the fast-spreading virus.
If you love investing in stocks you're bound to buy some losers. But long term 888 Holdings plc (LON:888) shareholders...
Momentum is sticky and persists for longer than investors tend to anticipate. The downside of this is that stocks with recent negative momentum are likely to c8230;
Investing.com - Here is a summary from the most important regulatory news releases from the London Stock Exchange ahead of the UK market open on Tuesday 14 January. Please refresh for updates for UK market news from the LSE RNS on individual UK shares from FTSE 100, FTSE 250 and FTSE All-Share.
Today we'll look at 888 Holdings plc (LON:888) and reflect on its potential as an investment. In particular, we'll...
Shares in British gambling companies tumbled on Monday after a cross-party group of lawmakers called for a raft of measures to overhaul online casinos and protect vulnerable people. The lawmakers called for limiting maximum stakes in online betting, similar to rules for high-speed slot machines where bets are restricted to 2 pounds, and banning the use of credit cards to gamble online. The recommendations included calling for treatment of gambling addiction to be offered under the state-run National Health Service (NHS).
Every investor in 888 Holdings plc (LON:888) should be aware of the most powerful shareholder groups. Institutions...
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