Ladbrokes PLC (NASDAQ:LDBKY) has been downgraded to Hold in a report by Zacks Investment Research today.
- Updated: October 8, 2016
Having a price of $1.75, Ladbrokes PLC (NASDAQ:LDBKY) traded -5.43% lower on the day. With the last close up -5.13% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. The company has recorded a 50-day moving average of $1.88 and a 200-day moving average of $1.75. 411 shares of the stock were exchanged, down from an average trading volume of 709
Zacks Investment Research has downgraded Ladbrokes PLC (NASDAQ:LDBKY) to Hold in a statement released on Wednesday October 05, 2016.
On 8/30/2016, Zacks Investment Research released a statement on Ladbrokes PLC (NASDAQ:LDBKY) upped the target price from $0.00 to $2.25 that suggested an upside of 0.11%.
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Ladbrokes PLC has a 52 week low of $1.45 and a 52 week high of $2.11 with a P/E ratio of 19.24 The company’s market cap is currently $0.
Brief Synopsis On Ladbrokes PLC (NASDAQ:LDBKY)
Ladbrokes plc is engaged in the betting and gaming industry. The Company's segments include UK Retail, European Retail, Digital, Core Telephone Betting and High Rollers. The UK Retail segment consists of betting activities in the shop estate in Great Britain. It is involved in traditional over the counter betting on football, horse and greyhound racing as well as other sports and by machines. The European Retail segment includes all activities connected with the Ireland, Belgium and Spain shop estates. The Digital segment consists of betting and gaming activities from online and mobile operations, which includes ladbrokes.com, digital exchanges and Ladbrokes Australia. The Core Telephone Betting segment is involved in activities relating to bets taken on the telephone, excluding High Rollers. The High Rollers segment consists of activities primarily relating to bets taken on the telephone by High Rollers. It has operations in the United Kingdom, Ireland and Belgium.
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