Playtech (LON:PTEC) Shares Pass Above 200-Day Moving Average – Here’s Why

Playtech plc (LON:PTECGet Free Report)’s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 689.58 ($8.62) and traded as high as GBX 740 ($9.25). Playtech shares last traded at GBX 738 ($9.23), with a volume of 236,282 shares.

Playtech Trading Up 0.4 %

The company has a current ratio of 1.55, a quick ratio of 1.09 and a debt-to-equity ratio of 40.07. The stock has a 50 day simple moving average of GBX 723.33 and a 200-day simple moving average of GBX 689.58. The firm has a market cap of £2.26 billion, a P/E ratio of 2,470.00, a P/E/G ratio of 1.28 and a beta of 1.32.

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.

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