Playtech (LON:PTEC) Share Price Crosses Above 200 Day Moving Average – What’s Next?

Playtech plc (LON:PTECGet Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 632.26 ($8.04) and traded as high as GBX 733 ($9.32). Playtech shares last traded at GBX 726 ($9.23), with a volume of 260,129 shares trading hands.

Playtech Stock Performance

The company has a market cap of £2.21 billion, a PE ratio of 2,420.00, a PEG ratio of 1.28 and a beta of 1.32. The business’s 50-day moving average is GBX 729.77 and its 200 day moving average is GBX 632.26. The company has a debt-to-equity ratio of 40.07, a quick ratio of 1.09 and a current ratio of 1.55.

About Playtech

(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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