PADDY PWR BETFA/ADR (OTCMKTS:PDYPY) Hits New 12-Month High at $58.77

PADDY PWR BETFA/ADR (OTCMKTS:PDYPY)’s share price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $58.77 and last traded at $58.72, with a volume of 9028 shares traded. The stock had previously closed at $57.46.

Several equities research analysts have recently commented on PDYPY shares. JPMorgan Chase & Co. initiated coverage on PADDY PWR BETFA/ADR in a report on Friday, October 11th. They set a “neutral” rating for the company. Zacks Investment Research raised PADDY PWR BETFA/ADR from a “sell” rating to a “hold” rating in a research note on Wednesday, November 27th.

The firm’s fifty day simple moving average is $52.72 and its 200 day simple moving average is $44.34. The company has a market capitalization of $9.81 billion, a price-to-earnings ratio of 22.99 and a beta of 0.92.

About PADDY PWR BETFA/ADR (OTCMKTS:PDYPY)

Paddy Power Betfair plc operates as a sports betting and gaming company in the United Kingdom, Ireland, Australia, the Unites States, and internationally. The company operates through Online, Australia, Retail, and US segments. It offers exchange sports betting and pari-mutuel betting products; fixed odds games betting; online games and casino; peer to peer games, including online bingo and poker; and business-to-business services.

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