PTEC.L - Playtech plc

LSE - LSE Delayed price. Currency in GBp
177.30
+14.20 (+8.71%)
At close: 4:35PM BST
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Previous close163.10
Open168.55
Bid175.65 x 0
Ask176.05 x 0
Day's range160.85 - 178.35
52-week range111.00 - 462.30
Volume907,859
Avg. volume1,537,894
Market cap530.709M
Beta (5Y monthly)0.91
PE ratio (TTM)1.88
EPS (TTM)94.20
Earnings date27 Feb 2020
Forward dividend & yieldN/A (N/A)
Ex-dividend date30 Apr 2020
1y target est7.12
  • Stuck-at-Home Britons Provide Boost for Online Casino Companies
    Bloomberg

    Stuck-at-Home Britons Provide Boost for Online Casino Companies

    (Bloomberg) -- Britons stuck at home due to the coronavirus outbreak are hitting the online casinos, providing a boost for operators of virtual games such as blackjack and roulette.888 Holdings Plc said Tuesday it’s seen increased customer activity in the casino and poker operations that make up the majority of its revenue, echoing comments made on March 19 by gambling-technology firm Playtech Plc.The “encouraging” update from 888 reinforces the view that gambling companies can mitigate losses arising from the cancellation of sporting events, Gavin Kelleher, an analyst at broker Goodbody, said in a note. 888 got about 15% of revenue from sports betting in 2018.888 stock soared as much as 38% Tuesday, the most ever, paring a plunge that followed widespread postponement of sports from soccer to horse racing as well as broader concerns about the virus’s impact on the economy. The shares are down 33% in the year to date, much less than the 77% drop for bookmaker William Hill Plc, which relies more on sports.Among 888’s closest peers, Gamesys Group Plc has risen about 32% since the firm said March 17 it’s seeing “good momentum across the business.” But despite Playtech’s comments, its stock is down about 56% over the past month.Peel Hunt analysts Ivor Jones and Douglas Jack warned last week that Playtech’s live casino operation requires a large number of employees to be in the same place at the same time, operating tables that are streamed to people playing online. The U.K. announced a ban on all unnecessary movement of people for at least three weeks on Monday.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Reuters

    Stuck at home: Playtech says players spend time on online poker and bingo

    The company, the world's biggest supplier of technology for online gaming operators but now also a major gambling platform in its own right, said it was taking a major hit from the halting of sports events across the world. The delays in rolling out major sporting events have extracted a heavy toll on its B2B division, which is expected to book a loss of 4 million euros per month to adjusted earnings before interest, tax, depreciation and amortization (EBITDA). Playtech's poker and bingo businesses saw an increase in activity in recent days due to restrictions on movement imposed by governments.

  • The Playtech share price: what are its short-term prospects?
    Stockopedia

    The Playtech share price: what are its short-term prospects?

    Momentum is sticky and persists for longer than investors tend to anticipate. The downside of this is that stocks with recent negative momentum are likely to c8230;

  • £5k to invest? I think these FTSE 250 dividend stocks could double your money
    Fool.co.uk

    £5k to invest? I think these FTSE 250 dividend stocks could double your money

    This Fool highlights two undervalued FTSE 250 income and growth stocks that could produce returns of more than 100%. The post £5k to invest? I think these FTSE 250 dividend stocks could double your money appeared first on The Motley Fool UK.

  • These 2 FTSE 250 stocks are down 20% and 40%! Are they unmissable bargains?
    Fool.co.uk

    These 2 FTSE 250 stocks are down 20% and 40%! Are they unmissable bargains?

    These two FTSE 250 (INDEXFTSE:UKX) strugglers could be top bargains.The post These 2 FTSE 250 stocks are down 20% and 40%! Are they unmissable bargains? appeared first on The Motley Fool UK.

  • Reuters

    Playtech slumps as two of its largest markets hit by coronavirus

    The company said the outbreak dented recent trading at its Snaitech unit, Italy's biggest sports betting firm. Italy has emerged as an epicentre of the rapidly spreading illness with more than 400 cases, centred on the industrial heartlands of Lombardy and Veneto. The number of new coronavirus infections inside China - the source of the outbreak - was for the first time overtaken by fresh cases elsewhere on Wednesday.

  • How Much Are Playtech plc (LON:PTEC) Insiders Spending On Buying Shares?
    Simply Wall St.

    How Much Are Playtech plc (LON:PTEC) Insiders Spending On Buying Shares?

    We often see insiders buying up shares in companies that perform well over the long term. Unfortunately, there are...

  • Does It Make Sense To Buy Playtech plc (LON:PTEC) For Its Yield?
    Simply Wall St.

    Does It Make Sense To Buy Playtech plc (LON:PTEC) For Its Yield?

    Dividend paying stocks like Playtech plc (LON:PTEC) tend to be popular with investors, and for good reason - some...

  • Reuters - UK Focus

    Green's in fashion as Lithuanian used clothes site joins $1 billion club

    Vinted, an online marketplace for second-hand clothes, has surfed a sustainable fashion wave to become Lithuania's first technology startup to reach "unicorn" status with a valuation of over $1 billion. The company, created in 2008 as one founder wanted to give away surplus clothes after moving to a new house, is growing rapidly as the fashion industry comes under growing scrutiny for fuelling a throwaway culture. In a sign of the times, Anna Wintour, the editor of Vogue and one of the most powerful voices in fashion, told Reuters the industry needed to pursue more sustainability and that fashionistas should care for their clothes and pass them on.

  • Why We’re Not Impressed By Playtech plc’s (LON:PTEC) 5.8% ROCE
    Simply Wall St.

    Why We’re Not Impressed By Playtech plc’s (LON:PTEC) 5.8% ROCE

    Today we are going to look at Playtech plc (LON:PTEC) to see whether it might be an attractive investment prospect...

  • Reuters

    Playtech says full-year profit to drop below market view

    The company had forecast in August its full-year adjusted core earnings to come in between 390 million euros ($430.95 million) and 415 million euros. "Following a positive start to the second half, trading conditions in TradeTech have been highly challenging during September and October," the company said, adding that it would be reviewing all options for the division which develops technology for financial trading. Playtech, however, reported strong growth in its other core gaming divisions.

  • Reuters

    Gambling software maker Playtech cuts Asia outlook

    It now expects Asia business to contribute 115 million euros ($127.4 million) to its annual revenue compared with its prior estimate of 150 million euros. "Asia remains volatile with low visibility," the company said and announced steps to offset the drop in performance in the region through a plan to reward sub-licensees for promoting its content and by launching new games. Its total revenue for the six months ended June 30 surged 69% to 736.1 million euros, helped by growth in regulated markets.

  • Reuters - UK Focus

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