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Playtech (LON:PTEC) Reaches New 12-Month High - Should You Buy?

Playtech logo with Consumer Cyclical background

Playtech plc (LON:PTEC - Get Free Report) shares reached a new 52-week high on Friday . The company traded as high as GBX 793.50 ($9.81) and last traded at GBX 738 ($9.12), with a volume of 513940 shares traded. The stock had previously closed at GBX 743 ($9.18).

Playtech Stock Down 0.9 %

The stock has a market cap of £2.26 billion, a price-to-earnings ratio of 2,466.67, a P/E/G ratio of 1.28 and a beta of 1.32. The company has a current ratio of 1.55, a quick ratio of 1.09 and a debt-to-equity ratio of 40.07. The stock's 50-day moving average price is GBX 724.44 and its 200-day moving average price is GBX 694.94.

About Playtech

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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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