Playtech (LON:PTEC) Stock Crosses Above Two Hundred Day Moving Average – Here’s Why

Playtech plc (LON:PTECGet Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 551.58 ($7.20) and traded as high as GBX 738 ($9.64). Playtech shares last traded at GBX 725 ($9.47), with a volume of 577,228 shares traded.

Playtech Price Performance

The company’s 50-day moving average is GBX 673.59 and its 200-day moving average is GBX 551.58. The company has a current ratio of 1.55, a quick ratio of 1.09 and a debt-to-equity ratio of 40.07. The firm has a market cap of £2.22 billion, a price-to-earnings ratio of 2,416.67, a price-to-earnings-growth ratio of 1.28 and a beta of 1.32.

About Playtech

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for Playtech Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Playtech and related companies with MarketBeat.com's FREE daily email newsletter.