Shares of Playtech plc (LON:PTEC – Get Free Report) passed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of GBX 367.36 and traded as high as GBX 413.20. Playtech shares last traded at GBX 399.20, with a volume of 8,547,712 shares changing hands.
Analysts Set New Price Targets
Several analysts have issued reports on PTEC shares. Citigroup upgraded Playtech to a “buy” rating in a research note on Friday, July 10th. Jefferies Financial Group restated a “hold” rating and issued a GBX 405 price target on shares of Playtech in a research note on Thursday, July 9th.
Check Out Our Latest Stock Analysis on Playtech
Playtech Trading Up 0.4%
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 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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