Playtika (NASDAQ:PLTK) Upgraded by Zacks Investment Research to Buy

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Playtika stock has undergone multiple analysts rating changes in the recent past.  Playtika Upgraded by Zacks Investment Research on 10/27/2021. In a note to investors, the firm issued a new rating of Buy. The analysts previously had rating of Hold.

Shares of Playtika traded up $0.65 on Tuesday, reaching $28.93. 72990 shares of the stock traded hands, compared to its average volume of 903893. Shares of Playtika were trading at $28.93 on Tuesday. The firm’s 50 day moving average is $27.00 and its 200 day moving average is N/A.Playtika has a 12 month low of $28.65 and a 12 month high of $36.06. While on yearly highs and lows, Playtika’s today has traded high as $29.18 and has touched $28.65 on the downward trend. See More Analyst Rating at: RATING

Playtika Earnings and What to expect: 

Playtika last posted its quarterly earnings results on August 3rd, 2021. The reported $0.22 earnings per share for the quarter, missing the consensus estimate of $0.23 by $0.01. The business had revenue of $659.20 million for the quarter, compared to analysts’ expectations of $643.31 million. Its quarterly revenue was up 1.3% compared to the same quarter last year. Playtika has generated $0.24 earnings per share over the last year and currently has a price-to-earnings ratio of 117.8. Earnings for Playtika are expected to grow by 34.44% in the coming year, from $0.90 to $1.21 per share. Playtika has confirmed that its next quarterly earnings report will be published on Wednesday, November 3rd, 2021. Playtika will be holding an earnings conference call on Wednesday, November 3rd at 8:30 AM Eastern. Interested parties can .

Earnings for Playtika are expected to grow by 34.44% in the coming year, from $0.90 to $1.21 per share. The P/E ratio of Playtika is 117.83, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 15.29. The P/E ratio of Playtika is 117.83, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 22.03.

Playtika (NASDAQ:PLTK) Moving Average Technical Analysis

5 day Moving Average is $28.38 And 5 day price change is -$0.87 (-2.98%)  with average volume for 5 day average is 1,028,660. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $27.84 and 20 day price change is $2.20 (8.44%) and average 20 day moving volume is 858,625. 50 day moving average is $27.00  and 50 day price change is $4.10 ( 16.96%)  and with average volume for 50 days is : 965,268. 200 day moving average is N/A  and 200 day price change is N/A (N/A)  and with average volume for 200 days is : N/A.

Other owners latest trading in Playtika :

  • On 10/27/2021 shares held by Phoenix Holdings Ltd. were 370,730 which equates to market value of $9.96M and appx 0.20% owners of Playtika
  • On 10/25/2021 shares held by Harel Insurance Investments & Financial Services Ltd. were 15,006 which equates to market value of $0.42M and appx 0.00% owners of Playtika
  • On 10/8/2021 shares held by Wedbush Securities Inc. were 13,275 which equates to market value of $0.37M and appx 0.00% owners of Playtika
  • In total Institutional ownership equates to Institutional Ownership Percentage: 19.30% for Playtika

See More Analyst Rating at: RATING