Playtika (PLTK) to Release Quarterly Earnings on Monday

Playtika (NASDAQ:PLTK - Get Free Report) is anticipated to announce its earnings results before the market opens on Monday, February 24th. Analysts expect the company to announce earnings of $0.18 per share and revenue of $631.02 million for the quarter. Investors that are interested in participating in the company's conference call can do so using this link.

Playtika Price Performance

Shares of PLTK stock traded down $0.09 during trading hours on Thursday, reaching $7.14. The company had a trading volume of 885,960 shares, compared to its average volume of 739,978. The business has a fifty day simple moving average of $7.14 and a 200-day simple moving average of $7.57. Playtika has a 12 month low of $6.25 and a 12 month high of $9.15. The company has a market cap of $2.66 billion, a price-to-earnings ratio of 12.31, a price-to-earnings-growth ratio of 1.75 and a beta of 0.92.

Insider Activity at Playtika

In other Playtika news, major shareholder Holding Uk Ltd Playtika II sold 97,266 shares of Playtika stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $8.69, for a total transaction of $845,241.54. Following the completion of the sale, the insider now directly owns 202,968,069 shares in the company, valued at $1,763,792,519.61. The trade was a 0.05 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. In the last ninety days, insiders sold 753,894 shares of company stock worth $6,239,985. Corporate insiders own 4.80% of the company's stock.

Analyst Upgrades and Downgrades

PLTK has been the subject of several analyst reports. Roth Mkm increased their target price on shares of Playtika from $8.00 to $9.00 and gave the company a "neutral" rating in a report on Friday, November 8th. Macquarie reiterated a "neutral" rating and set a $7.00 target price on shares of Playtika in a research note on Friday, November 8th. Five analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $9.25.

About Playtika

Playtika Holding Corp., together with its subsidiaries, develops mobile games in the United States, Europe, Middle East, Africa, Asia pacific, and internationally. The company owns a portfolio of casual and social casino-themed games. It distributes its games to the end customer through various web and mobile platforms and direct-to-consumer platforms.