|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's range||3.4900 - 3.5340|
|52-week range||3.4900 - 6.7500|
|Beta (5Y monthly)||0.55|
|PE ratio (TTM)||80.11|
|Forward dividend & yield||0.15 (4.14%)|
|Ex-dividend date||16 Sept 2021|
|1y target est||N/A|
Today we will run through one way of estimating the intrinsic value of 888 Holdings plc ( LON:888 ) by taking the...
The online betting company, which undertook a strategic review of Bingo, said the sale encompasses all of the unit, including its exclusive technology, assets and consumer-facing brands. 888 has benefited from core platforms like online betting and gaming getting a boost during the COVID-19 pandemic as restrictions led consumers stuck at home to turn to online betting for entertainment. "This strategic transaction will enable 888 to further increase its focus on its core platform and unified, scalable and proprietary technology," Chief Executive Officer Itai Pazner said. 888 said the sale is expected to be completed during the second quarter of 2022, and would occur only if Bingo is reorganised and the new structure receives its own licence to operate under British laws.
The recent price decline of 5.8% in 888 Holdings plc's ( LON:888 ) stock may have disappointed insiders who bought...