Playtech (LON:PTEC) Shares Down 1.7% – Time to Sell?

Shares of Playtech plc (LON:PTECGet Free Report) were down 1.7% during mid-day trading on Monday . The stock traded as low as GBX 726 ($9.25) and last traded at GBX 731 ($9.32). Approximately 216,423 shares changed hands during trading, a decline of 56% from the average daily volume of 496,686 shares. The stock had previously closed at GBX 744 ($9.48).

Playtech Price Performance

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 firm has a market cap of £2.23 billion, a price-to-earnings ratio of 2,436.67, a PEG ratio of 1.28 and a beta of 1.32. The stock has a 50-day moving average price of GBX 730.37 and a 200 day moving average price of GBX 621.34.

Playtech Company Profile

(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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