Playtech (LON:PTEC) Share Price Passes Above Two Hundred Day Moving Average of $439.32

Playtech plc (LON:PTEC)’s share price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 439.32 ($5.52) and traded as high as GBX 542.06 ($6.81). Playtech shares last traded at GBX 530 ($6.66), with a volume of 1,130,846 shares.

Analysts Set New Price Targets

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

Playtech Trading Down 1.7 %

The stock has a market cap of £521,000.00, a PE ratio of 1,827.59, a P/E/G ratio of 1.28 and a beta of 1.42. The business’s fifty day moving average is GBX 458.47 and its 200 day moving average is GBX 439.32. The company has a quick ratio of 1.09, a current ratio of 1.42 and a debt-to-equity ratio of 40.58.

About Playtech

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.