12-month gains for William Hill and Ladbrokes stocks
Both William Hill and Ladbrokes stocks are gaining during the past 12 months, although they both lost 50% of their stock value in 2008. The market capitalization of the two gambling companies is 2.31B and 1.73B pounds respectively.
Betfair and Bwin.Party stocks consolidating
Over the previous months, Betfair share price has tried to test resistance levels after bouncing off the all-time high at £571. Betfair Group (market cap: £757m) stock has been inactive for 6 months now, possibly getting ready for a sudden move. Question is which way! Bwin (market cap: £966m) share price in the meantime is testing the 5-year low of £100 lately. Bwin was valued at £4.64B when the company went public on the London Stock Exchange in June 2005.
888.com stock testing resistance
The uptrend of 888 share price seems to meet resistance at £115. Sellers have previously not allowed 888 stock to climb any higher than that and I guess they won’t now either. Unless of course buyers are still interested in investing in the 888 stock, while shares more than tripled their value since July 2011. The market capitalization of 888 Holdings PLC is £378m.
Disclaimer: I have no positions in any stocks mentioned and no plans to initiate any positions within the next 72 hours.