Playtech (LON:PTEC) Stock Price Crosses Above 200-Day Moving Average of $446.93

Playtech plc (LON:PTECGet Free Report)’s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 446.93 ($5.61) and traded as high as GBX 493 ($6.19). Playtech shares last traded at GBX 492 ($6.18), with a volume of 252,441 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Citigroup reiterated a “buy” rating and set a GBX 720 ($9.04) target price on shares of Playtech in a research report on Tuesday, April 23rd.

Read Our Latest Report on Playtech

Playtech Price Performance

The firm has a market cap of £485,500.00, a price-to-earnings ratio of 1,674.14, a P/E/G ratio of 1.28 and a beta of 1.46. The company has a current ratio of 1.42, a quick ratio of 1.09 and a debt-to-equity ratio of 40.58. The business’s 50-day simple moving average is GBX 466.93 and its two-hundred day simple moving average is GBX 447.93.

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 marketing and advertising, consulting and online technical support, data mining processing, turnkey, operational and hosting, live game, and video stream services; and operates betting shops.

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