Playtika Holding Corp (NASDAQ:PLTK) shares, rose in value, with the stock price up by 1.56% to the previous day’s close as strong demand from buyers drove the stock to $7.16.
Actively observing the price movement in the last trading, the stock closed the session at $7.05. The PE ratio was 11.16 over 12-month period. Referring to stock’s 52-week performance, its high was $12.90, and the low was $6.25. On the whole, PLTK has fluctuated by 2.43% over the past month.
The company’s Forward Dividend Ratio is 0.10, with its dividend yield at 1.40%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 2.57B, with a low estimate of 620.94M and a high estimate of 655.5M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 641.59M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that PLTK’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 1.14, with the price of PLTK currently trading nearly 2.55% and 0.85% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 55.19, while the 7-day volatility ratio is showing 2.11% which for the 30-day chart, stands at 2.72%. Furthermore, Playtika Holding Corp (PLTK)’s beta value is 0.81, and its average true range (ATR) is 0.21.
A comparison of Playtika Holding Corp (PLTK) with its peers suggests the former has fared considerably weaker in the market. PLTK showed an intraday change of 1.56% in last session, and over the past year, it shrunk by -34.01%%.
Data on historical trading for Playtika Holding Corp (NASDAQ:PLTK) indicates that the trading volumes over the past 3 months, they’ve averaged 1.02 million. According to company’s latest data on outstanding shares, there are 370.00 million shares outstanding.
Nearly 81.33% of Playtika Holding Corp’s shares belong to company insiders and institutional investors own 13.32% of the company’s shares. The stock has fallen by -17.89% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the PLTK stock heading into the next quarter.
