Playtech (LON:PTEC) Share Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

Playtech plc (LON:PTECGet Free Report) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 640.56 ($8.03) and traded as high as GBX 720 ($9.03). Playtech shares last traded at GBX 714 ($8.96), with a volume of 195,225 shares traded.

Playtech Price Performance

The company has a debt-to-equity ratio of 40.07, a quick ratio of 1.09 and a current ratio of 1.55. The stock’s 50 day moving average is GBX 727.85 and its two-hundred day moving average is GBX 640.56. The stock has a market capitalization of £2.18 billion, a PE ratio of 2,380.00, a price-to-earnings-growth ratio of 1.28 and a beta of 1.32.

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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