Zacks Investment Research Downgrades Paddy Power Betfai (NASDAQ:PDYPY) to Hold

Paddy Power Betfai (NASDAQ:PDYPY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a note issued to investors on Wednesday, July 5th.

According to Zacks, “Paddy Power Betfair Plc operates as an online betting and gaming company. Paddy Power Betfair Plc is headquartered in Dublin, Ireland. “

Shares of Paddy Power Betfai (NASDAQ:PDYPY) traded up 0.10% during trading on Wednesday, hitting $51.25. The stock had a trading volume of 643 shares. The company’s 50 day moving average price is $53.32 and its 200 day moving average price is $54.31. The stock’s market cap is $8.56 billion. Paddy Power Betfai has a 12 month low of $48.12 and a 12 month high of $67.38.

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