Playtech (LON:PTEC) Stock Price Crosses Above 200 Day Moving Average – Should You Sell?

Shares of Playtech plc (LON:PTECGet Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 585 ($7.62) and traded as high as GBX 735 ($9.57). Playtech shares last traded at GBX 719 ($9.36), with a volume of 329,085 shares traded.

Playtech Trading Down 0.3 %

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 stock has a market cap of £2.19 billion, a P/E ratio of 2,396.67, a price-to-earnings-growth ratio of 1.28 and a beta of 1.32. The stock’s 50-day moving average is GBX 715.38 and its two-hundred day moving average is GBX 585.

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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