Playtech (LON:PTEC) Stock Price Passes Below Two Hundred Day Moving Average – Time to Sell?

Playtech plc (LON:PTECGet Free Report) shares crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 728.22 ($9.41) and traded as low as GBX 697 ($9.01). Playtech shares last traded at GBX 697 ($9.01), with a volume of 774,186 shares trading hands.

Playtech Stock Down 2.7 %

The company’s fifty day simple moving average is GBX 734.63 and its 200-day simple moving average is GBX 728.22. The firm has a market capitalization of £348,500.00, a PE ratio of 23.89, a price-to-earnings-growth ratio of 1.28 and a beta of 1.32. The company has a debt-to-equity ratio of 40.06, a current ratio of 1.55 and a quick ratio of 1.09.

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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