Playtech (LON:PTEC) Shares Pass Above 200-Day Moving Average – What’s Next?

Playtech plc (LON:PTECGet Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 574.38 ($7.45) and traded as high as GBX 731 ($9.48). Playtech shares last traded at GBX 726 ($9.42), with a volume of 376,583 shares trading hands.

Playtech Stock Up 0.4 %

The stock has a 50-day simple moving average of GBX 708.26 and a two-hundred day simple moving average of GBX 575.45. 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 firm has a market cap of £2.22 billion, a PE ratio of 2,430.00, a P/E/G 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.

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