JPMorgan Chase & Co. Initiates Coverage on Playtech (OTCMKTS:PYTCF)

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Analysts at JPMorgan Chase & Co. assumed coverage on shares of Playtech (OTCMKTS:PYTCF) in a research note issued on Tuesday, The Fly reports. The firm set an “overweight” rating on the stock.

OTCMKTS:PYTCF remained flat at $$5.71 during trading hours on Tuesday.

About Playtech

Playtech Plc develops and sells software products for the online and land-based gambling industries worldwide. The company operates through Gaming B2B, Gaming B2C, and Financial segments. It operates an online trading platform to retail customers, which enable them to trade contracts for differences on various instruments, such as foreign exchange, commodities, equities, and indices; and provides B2B clearing and execution services for retail brokers and professional clients.

Read More: Options Trading

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