Playtech (LON:PTEC) Rating Reiterated by Citigroup

Citigroup reiterated their buy rating on shares of Playtech (LON:PTEC) in a research note issued to investors on Tuesday, Marketbeat reports. Citigroup currently has a GBX 720 ($8.89) price target on the stock.

Playtech Stock Up 0.8 %

PTEC stock opened at GBX 460.50 ($5.69) on Tuesday. Playtech has a twelve month low of GBX 365.40 ($4.51) and a twelve month high of GBX 640 ($7.91). The company has a quick ratio of 1.09, a current ratio of 1.42 and a debt-to-equity ratio of 40.58. The firm has a market cap of £460,500.00, a PE ratio of 1,575.86, a price-to-earnings-growth ratio of 1.28 and a beta of 1.42. The business has a 50 day moving average of GBX 457.21 and a 200 day moving average of GBX 436.63.

About Playtech

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 marketing and advertising, consulting and online technical support, data mining processing, turnkey, operational and hosting, live game, and video stream services; and operates betting shops.