Paddy Power Betfair (LON:PPB) Share Price Crosses Below 50 Day Moving Average – Here’s What Happened

Paddy Power Betfair PLC (LON:PPBGet Free Report)’s stock price crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 5,676 ($73.04) and traded as low as GBX 5,648 ($72.68). Paddy Power Betfair shares last traded at GBX 5,676 ($73.04), with a volume of 388,508 shares changing hands.

Paddy Power Betfair Stock Down 1.8 %

The stock’s 50-day moving average price is GBX 5,676 and its 200-day moving average price is GBX 5,676. The company has a current ratio of 0.64, a quick ratio of 0.24 and a debt-to-equity ratio of 6.73. The stock has a market cap of £4.74 billion and a price-to-earnings ratio of 23.61.

About Paddy Power Betfair

(Get Free Report)

Paddy Power Betfair plc operates as a sports betting and gaming company in the United Kingdom, Ireland, Australia, the United States, and internationally. The company operates through Online, Australia, Retail, and US segments. It offers exchange sports betting products; fixed odds games betting; online games and casino; peer-to-peer games, including online bingo and poker; and business-to-business services.

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