Playtech (LON:PTEC) Stock Price Crosses Above 200 Day Moving Average – Here’s Why

Playtech plc (LON:PTECGet Free Report) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 723.77 ($9.34) and traded as high as GBX 748 ($9.66). Playtech shares last traded at GBX 737 ($9.52), with a volume of 1,028,191 shares trading hands.

Playtech Price Performance

The business has a 50-day moving average of GBX 734.18 and a 200 day moving average of GBX 723.77. The company has a current ratio of 1.55, a quick ratio of 1.09 and a debt-to-equity ratio of 40.06. The firm has a market capitalization of £368,500.00, a P/E ratio of 25.26, a price-to-earnings-growth ratio of 1.28 and a beta of 1.32.

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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