Playtech (LON:PTEC) Share Price Crosses Above Two Hundred Day Moving Average – Here’s What Happened

Posted by Amy Steele on Aug 22nd, 2026

Playtech plc (LON:PTEC – Get Free Report) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 354.68 and traded as high as GBX 393.60. Playtech shares last traded at GBX 391.60, with a volume of 269,742 shares trading hands.

Analysts Set New Price Targets

Several brokerages recently commented on PTEC. Deutsche Bank Aktiengesellschaft boosted their target price on Playtech from GBX 443 to GBX 460 and gave the stock a “buy” rating in a report on Thursday, May 21st. Citigroup upgraded Playtech to a “buy” rating in a research report on Friday, July 10th. Finally, Jefferies Financial Group restated a “hold” rating and issued a GBX 405 price objective on shares of Playtech in a report on Thursday, July 9th.

View Our Latest Analysis on PTEC

Playtech Trading Down 1.0%

The company has a debt-to-equity ratio of 24.36, a quick ratio of 1.09 and a current ratio of 1.42. The firm has a market capitalization of £1.08 billion, a P/E ratio of 0.80, a price-to-earnings-growth ratio of 1.28 and a beta of 0.65. The firm has a 50 day moving average price of GBX 356.02 and a two-hundred day moving average price of GBX 354.91.

About Playtech

(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.