Playtech (LON:PTEC) Stock Price Passes Above 200 Day Moving Average – Here’s What Happened

Playtech plc (LON:PTECGet Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 640.56 ($8.03) and traded as high as GBX 720 ($9.02). Playtech shares last traded at GBX 714 ($8.95), with a volume of 195,225 shares trading hands.

Playtech Price Performance

The stock has a market capitalization of £2.17 billion, a P/E ratio of 2,370.00, a price-to-earnings-growth ratio of 1.28 and a beta of 1.32. The business’s 50 day moving average price is GBX 727.15 and its 200 day moving average price is GBX 643.78. The company has a debt-to-equity ratio of 40.07, a current ratio of 1.55 and a quick ratio of 1.09.

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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