Playtech (LON:PTEC) Share Price Passes Above 200-Day Moving Average – What’s Next?

Shares of Playtech plc (LON:PTECGet Free Report) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 632.26 ($7.90) and traded as high as GBX 733 ($9.16). Playtech shares last traded at GBX 726 ($9.07), with a volume of 260,129 shares traded.

Playtech Trading Down 1.8 %

The company’s fifty day moving average is GBX 729.15 and its two-hundred day moving average is GBX 635.74. 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 cap of £2.19 billion, a price-to-earnings ratio of 2,393.33, a PEG 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.

Further Reading

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