PLAYSTUDIOS (NASDAQ:MYPS – Get Rating) had its target price reduced by research analysts at Morgan Stanley from $4.70 to $4.50 in a research report issued on Wednesday, Benzinga reports. The brokerage currently has an “equal weight” rating on the stock. Morgan Stanley’s price target would indicate a potential upside of 3.69% from the company’s current price.
PLAYSTUDIOS Price Performance
Shares of NASDAQ:MYPS opened at $4.34 on Wednesday. The firm has a fifty day moving average price of $3.98 and a two-hundred day moving average price of $3.92. PLAYSTUDIOS has a one year low of $3.24 and a one year high of $6.60. The company has a market cap of $563.70 million, a price-to-earnings ratio of -31.00, a PEG ratio of 14.11 and a beta of 0.10.
PLAYSTUDIOS (NASDAQ:MYPS – Get Rating) last announced its quarterly earnings results on Tuesday, November 8th. The company reported ($0.01) EPS for the quarter, meeting the consensus estimate of ($0.01). PLAYSTUDIOS had a negative net margin of 5.47% and a negative return on equity of 3.10%. The firm had revenue of $72.13 million during the quarter, compared to the consensus estimate of $67.53 million. Equities research analysts expect that PLAYSTUDIOS will post -0.07 EPS for the current fiscal year.
Institutional Inflows and Outflows
PLAYSTUDIOS Company Profile
PLAYSTUDIOS, Inc develops and publishes free-to-play casual games for mobile and social platforms in the United States, North America, and internationally. The company is headquartered in Las Vegas, Nevada.
- Get a free copy of the StockNews.com research report on PLAYSTUDIOS (MYPS)
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