Playtech plc (LON:PTEC – Get Free Report)’s share price shot up 13.8% during mid-day trading on Monday . The company traded as high as GBX 751 ($9.92) and last traded at GBX 744 ($9.83). 2,950,845 shares traded hands during trading, an increase of 465% from the average session volume of 521,916 shares. The stock had previously closed at GBX 654 ($8.64).
Playtech Stock Up 1.4 %
The firm has a market capitalization of £2.21 billion, a price-to-earnings ratio of 2,585.71, a P/E/G ratio of 1.28 and a beta of 1.32. The business’s 50-day moving average is GBX 598.43 and its two-hundred day moving average is GBX 514.80. The company has a debt-to-equity ratio of 40.58, a quick ratio of 1.09 and a current ratio of 1.42.
Playtech Company Profile
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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