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Playtech (LON:PTEC) Stock Price Crosses Above Two Hundred Day Moving Average - Should You Sell?

Playtech logo with Consumer Cyclical background

Playtech plc (LON:PTEC - Get Free Report) shares crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred 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 Price Performance

The company has a market capitalization of £2.19 billion, a P/E ratio of 2,396.67, a PEG ratio of 1.28 and a beta of 1.32. The business has a 50 day simple moving average of GBX 715.38 and a 200-day simple moving average of GBX 585. The company has a quick ratio of 1.09, a current ratio of 1.55 and a debt-to-equity ratio of 40.07.

About Playtech

(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.

Further Reading

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