Playtech plc (LON:PTEC – Get Free Report) crossed below its two hundred day moving average during trading on Friday. The stock has a two hundred day moving average of GBX 362.86 and traded as low as GBX 359.40. Playtech shares last traded at GBX 360, with a volume of 36,153,621 shares.
Wall Street Analysts Forecast Growth
Separately, Jefferies Financial Group restated a “hold” rating and set a GBX 405 price target on shares of Playtech in a report on Wednesday.
Check Out Our Latest Analysis on PTEC
Playtech Trading Down 1.5%
The business has a fifty day moving average of GBX 379.73 and a 200-day moving average of GBX 362.86. The company has a debt-to-equity ratio of 23.48, a quick ratio of 1.09 and a current ratio of 1.50. The company has a market capitalization of £1.00 billion, a P/E ratio of 40.00, a PEG ratio of 1.28 and a beta of 0.72.
About Playtech
Playtech plc, a technology company, provides gambling software, services, content, and platform technologies worldwide. The company offers technologies across various product verticals, including live casino, sports, bingo, virtual sports, and poker. It also owns the intellectual property rights and licenses the software; provides digital marketing and advertising, consulting and online technical support, data mining processing, turnkey, live game, and video stream services; and operates betting shops.
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