Playtika Holding Corp (NASDAQ:PLTK) shares, rose in value on Friday, January 03, with the stock price up by 1.60% to the previous day’s close as strong demand from buyers drove the stock to $7.00.
Actively observing the price movement in the last trading, the stock closed the session at $6.89, falling within a range of $6.765 and $7.01. The value of beta (5-year monthly) was 0.844 whereas the PE ratio was 12.02 over 12-month period. Referring to stock’s 52-week performance, its high was $9.15, and the low was $6.25. On the whole, PLTK has fluctuated by -18.32% over the past month.
With the market capitalization of Playtika Holding Corp currently standing at about $2.61 billion, investors are eagerly awaiting this quarter’s results, scheduled for in February. The company’s Forward Dividend Ratio is 0.40, with its dividend yield at 5.71%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 2.52B, with a low estimate of 606.6M and a high estimate of 626M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 615.11M.
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 100% Sell on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 75% Sell.
The stock’s technical analysis shows that the PEG ratio is about 2.02, with the price of PLTK currently trading nearly -6.00% and -11.74% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 35.22, while the 7-day volatility ratio is showing 4.35% which for the 30-day chart, stands at 3.55%. Furthermore, Playtika Holding Corp (PLTK)’s beta value is 0.91, and its average true range (ATR) is 0.26.
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 1.60% in last session, and over the past year, it shrunk by -12.17%%.
Data on historical trading for Playtika Holding Corp (NASDAQ:PLTK) indicates that the trading volumes over the past 10 days have averaged 1.13 and over the past 3 months, they’ve averaged 688.31K. According to company’s latest data on outstanding shares, there are 372.60 million shares outstanding.
Nearly 82.01% of Playtika Holding Corp’s shares belong to company insiders and institutional investors own 15.79% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 3.6 million shares as on 2024-12-13, resulting in a short ratio of 4.98. According to the data, the short interest in Playtika Holding Corp (PLTK) stood at 502.00 of shares outstanding as of 2024-12-13; the number of short shares registered in 2024-11-15 reached 4.06 million. The stock has risen by 0.86% 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.
