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Playtech (LON:PTEC) Shares Cross Above Two Hundred Day Moving Average - What's Next?

Playtech logo with Consumer Cyclical background

Playtech plc (LON:PTEC - Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 699.03 ($8.82) and traded as high as GBX 759 ($9.58). Playtech shares last traded at GBX 757 ($9.55), with a volume of 362,890 shares.

Playtech Stock Performance

The company has a debt-to-equity ratio of 40.06, a current ratio of 1.55 and a quick ratio of 1.09. The stock's 50-day moving average is GBX 726.25 and its 200 day moving average is GBX 701.90. The stock has a market cap of £2.80 billion, a price-to-earnings ratio of 26.11, a P/E/G ratio of 1.28 and a beta of 1.32.

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.

Further Reading

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