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Playtech (LON:PTEC) Trading Down 1.7% - Time to Sell?

Playtech logo with Consumer Cyclical background

Playtech plc (LON:PTEC - Get Free Report)'s stock price dropped 1.7% during trading on Monday . The stock traded as low as GBX 726 ($9.28) and last traded at GBX 731 ($9.34). Approximately 216,423 shares were traded during mid-day trading, a decline of 56% from the average daily volume of 496,686 shares. The stock had previously closed at GBX 744 ($9.51).

Playtech Price Performance

The company's 50 day moving average price is GBX 730.37 and its 200 day moving average price is GBX 621.34. The company has a debt-to-equity ratio of 40.07, a quick ratio of 1.09 and a current ratio of 1.55. The company has a market cap of £2.25 billion, a price-to-earnings ratio of 2,463.53, 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.

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