Playtech (LON:PTEC) Shares Pass Above 200-Day Moving Average – What’s Next?

Playtech plc (LON:PTECGet Free Report) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 574.38 ($7.45) and traded as high as GBX 731 ($9.48). Playtech shares last traded at GBX 726 ($9.42), with a volume of 376,583 shares changing hands.

Playtech Stock Up 0.4 %

The company has a debt-to-equity ratio of 40.07, a current ratio of 1.55 and a quick ratio of 1.09. The business’s fifty day simple moving average is GBX 708.26 and its two-hundred day simple moving average is GBX 575.45. The company has a market cap of £2.22 billion, a PE ratio of 2,430.00, a PEG ratio of 1.28 and a beta of 1.32.

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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