Playtech (LON:PTEC) Share Price Crosses Above Two Hundred Day Moving Average – Here’s What Happened

Playtech plc (LON:PTECGet Free Report) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 719.98 ($9.34) and traded as high as GBX 730 ($9.47). Playtech shares last traded at GBX 727 ($9.43), with a volume of 371,316 shares.

Playtech Trading Up 2.0 %

The company has a current ratio of 1.55, a quick ratio of 1.09 and a debt-to-equity ratio of 40.06. The firm has a market cap of £363,500.00, a P/E ratio of 24.92, a P/E/G ratio of 1.28 and a beta of 1.32. The business’s 50-day moving average is GBX 728.55 and its two-hundred day moving average is GBX 719.98.

About Playtech

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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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