Playtech (LON:PTEC) Stock Crosses Above 200-Day Moving Average – Should You Sell?

Playtech plc (LON:PTECGet Free Report)’s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 652.48 ($8.08) and traded as high as GBX 717 ($8.87). Playtech shares last traded at GBX 712.06 ($8.81), with a volume of 194,645 shares.

Playtech Stock Performance

The stock has a market cap of £2.17 billion, a PE ratio of 2,373.52, a P/E/G ratio of 1.28 and a beta of 1.32. The business’s 50-day moving average price is GBX 725.45 and its 200-day moving average price is GBX 652.48. The company has a current ratio of 1.55, a quick ratio of 1.09 and a debt-to-equity ratio of 40.07.

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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