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

Playtech plc (LON:PTECGet Free Report)’s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 563 ($7.31) and traded as high as GBX 736 ($9.56). Playtech shares last traded at GBX 727 ($9.44), with a volume of 271,766 shares.

Playtech Trading Down 0.5 %

The firm’s 50 day moving average is GBX 700.02 and its 200 day moving average is GBX 566.07. The company has a debt-to-equity ratio of 40.07, a current ratio of 1.55 and a quick ratio of 1.09. The company has a market capitalization of £2.21 billion, a PE ratio of 2,438.37, a P/E/G ratio of 1.28 and a beta of 1.32.

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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