888 Holdings PLC is one of those companies you have been familiar with to the maximum. They were founded in 1997 in Gibraltar and today they are an iGaming leader in the business. Last month, this company recorded a 227% increase in the stock value. Is this going to last and should you buy or sell their stocks? Let’s find out.
Should You Buy or Sell 888 Holdings PLC Stocks?
It is never an easy task determining the direction where stocks of a company are going to move. In the case of 888 Holdings PLC situation is slightly easier than with other companies.
As we have mentioned at the beginning, this is one of the top-rated UK independent casino sites in the industry that has been growing rapidly for the last couple of years. This trend is going to last. Keep in mind that soon, the online gambling industry is expected to explode in the terms of profit and user number.
When it comes to 888 Holdings PLC their stocks are going to continue rising indefinitely. There are no signs that the stocks will go down. However, this increase in the value is much slower than some other companies in the industry are measuring. It is obviously much slower than the overall increase in the complete industry.
In simple terms, if you have stocks of 888 Holdings PLC, keep them. They will be more valuable in the future. If you are looking to invest, this company may be a decent choice but not the best. You are certainly going to make a profit, but you will need time for that. In the best-case scenario, you are looking at a few years long investment.
There is one advantage more. The 888 Holdings PLC is one of the largest companies and one of the oldest. As such, they offer stability and a small portion of ‘’insurance’’ some investors like. The odds of this company going under or losing its value are almost no-existing.
If we take a deep look into the company, we can see the EPS of 13% in the past year. This is based on the P/E ratio or the price-to-earnings ratio and it has been commonly used to assess the value in the stock market. Keep in mind that the ratio we have just mentioned is much lower than the overall increase in the stock value of 227% we have mentioned earlier.
The Final Word
The bottom line is simple. If you want safety while trading and a slow profit, 888 Holdings PLC is the company to invest in. If you are looking for a fast and risky investment, there are other options out there that will match your requirements better.
One thing is certain. If you have 888 Holdings PLC stocks, selling them won’t be a wise decision. Buying them on the other hand is a smart investment.
Disclaimer: This article contains sponsored marketing content. It is intended for promotional purposes and should not be considered as an endorsement or recommendation by our website. Readers are encouraged to conduct their own research and exercise their own judgment before making any decisions based on the information provided in this article.
