Playtech plc (LON:PTEC – Get Rating)’s share price hit a new 52-week low on Friday . The stock traded as low as GBX 408.40 ($4.93) and last traded at GBX 425 ($5.14), with a volume of 192852 shares traded. The stock had previously closed at GBX 425.80 ($5.14).
Analyst Ratings Changes
Separately, Deutsche Bank Aktiengesellschaft upgraded shares of Playtech to a “buy” rating and lowered their target price for the company from GBX 693 ($8.37) to GBX 602 ($7.27) in a research note on Monday, August 8th.
Playtech Stock Performance
The company has a current ratio of 1.62, a quick ratio of 0.93 and a debt-to-equity ratio of 71.60. The business’s 50 day moving average is GBX 460.79 and its two-hundred day moving average is GBX 526.82. The company has a market cap of £1.31 billion and a PE ratio of 228.78.
Insider Activity at Playtech
Playtech Plc, a technology company, provides gambling software, services, content, and platform technologies worldwide. The company offers technologies across various product verticals, including casino, live casino, sports betting, virtual sports, bingo, 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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