Playtech (LON:PTEC) Reaches New 12-Month High – Still a Buy?

Playtech plc (LON:PTECGet Free Report) shares hit a new 52-week high during mid-day trading on Friday . The company traded as high as GBX 793.50 ($9.87) and last traded at GBX 738 ($9.18), with a volume of 513940 shares traded. The stock had previously closed at GBX 743 ($9.24).

Playtech Stock Down 0.8 %

The stock has a 50 day moving average price of GBX 723.67 and a 200 day moving average price of GBX 692.23. The stock has a market capitalization of £2.25 billion, a price-to-earnings ratio of 2,457.84, a price-to-earnings-growth ratio of 1.28 and a beta of 1.32. The company has a quick ratio of 1.09, a current ratio of 1.55 and a debt-to-equity ratio of 40.07.

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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