Playtech (LON:PTEC) Share Price Passes Above Two Hundred Day Moving Average – What’s Next?

Playtech plc (LON:PTECGet Free Report) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 652.48 ($8.11) and traded as high as GBX 717 ($8.91). Playtech shares last traded at GBX 712.06 ($8.85), with a volume of 194,645 shares.

Playtech Stock Down 0.6 %

The company has a quick ratio of 1.09, a current ratio of 1.55 and a debt-to-equity ratio of 40.07. The stock has a market capitalization of £2.16 billion, a PE ratio of 2,358.77, a price-to-earnings-growth ratio of 1.28 and a beta of 1.32. The company’s fifty day moving average price is GBX 724.97 and its 200-day moving average price is GBX 652.86.

Playtech Company Profile

(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.

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