Playtech (LON:PTEC) Stock Passes Above Two Hundred Day Moving Average – Time to Sell?

Playtech plc (LON:PTECGet Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 632.26 ($7.90) and traded as high as GBX 733 ($9.16). Playtech shares last traded at GBX 726 ($9.07), with a volume of 260,129 shares changing hands.

Playtech Price Performance

The company has a market capitalization of £2.19 billion, a PE ratio of 2,393.33, a price-to-earnings-growth ratio of 1.28 and a beta of 1.32. The company has a debt-to-equity ratio of 40.07, a current ratio of 1.55 and a quick ratio of 1.09. The stock’s 50 day simple moving average is GBX 729.15 and its 200-day simple moving average is GBX 635.74.

Playtech Company Profile

(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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