Playtika Holding Corp (PLTK) is -12.76% away from 50-day simple Moving Average despite all headwinds

On Tuesday, Playtika Holding Corp (NASDAQ: PLTK) opened higher 0.44% from the last session, before settling in for the closing price of $6.82. Price fluctuations for PLTK have ranged from $6.25 to $10.84 over the past 52 weeks.

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Annual sales at Communication Services sector company grew by 12.12% over the past five years. Company’s average yearly earnings per share was noted 13.76% at the time writing. With a float of $67.49 million, this company’s outstanding shares have now reached $370.00 million.

Let’s look at the performance matrix of the company that is accounted for 3600 employees.

Playtika Holding Corp (PLTK) Insider and Institutional Ownership

A key investor’s attitude towards the stock of the Electronic Gaming & Multimedia industry is another important factor to consider. The insider ownership of Playtika Holding Corp is 81.86%, while institutional ownership is 14.47%. The most recent insider transaction that took place on May 13 ’24, was worth 586,420. In this transaction Chief Human Resources Officer of this company sold 67,250 shares at a rate of $8.72, taking the stock ownership to the 201,750 shares.

Playtika Holding Corp (PLTK) Latest Financial update

According to the Wall Street analysts, stocks earnings will be around 13.76% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.20% during the next five years compared to -4.91% drop over the previous five years of trading.

Playtika Holding Corp (NASDAQ: PLTK) Trading Performance Indicators

Check out the current performance indicators for Playtika Holding Corp (PLTK). In the past quarter, the stock posted a quick ratio of 3.03. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.00. Likewise, its price to free cash flow for the trailing twelve months is 6.29.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.58, a number that is poised to hit 0.18 in the next quarter and is forecasted to reach 0.75 in one year’s time.

Technical Analysis of Playtika Holding Corp (PLTK)

Playtika Holding Corp (NASDAQ: PLTK) saw its 5-day average volume 1.02 million, a positive change from its year-to-date volume of 0.94 million. As of the previous 9 days, the stock’s Stochastic %D was 9.42%. Additionally, its Average True Range was 0.24.

During the past 100 days, Playtika Holding Corp’s (PLTK) raw stochastic average was set at 7.62%, which indicates a significant increase from 7.58% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.90% in the past 14 days, which was lower than the 37.06% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $7.81, while its 200-day Moving Average is $7.81. Nevertheless, the first resistance level for the watch stands at $6.93 in the near term. At $7.02, the stock is likely to face the second major resistance level. The third major resistance level sits at $7.09. If the price goes on to break the first support level at $6.77, it is likely to go to the next support level at $6.70. The third support level lies at $6.61 if the price breaches the second support level.

Playtika Holding Corp (NASDAQ: PLTK) Key Stats

There are currently 371,128K shares outstanding in the company with a market cap of 2.55 billion. Presently, the company’s annual sales total 2,567 M according to its annual income of 235,000 K. Last quarter, the company’s sales amounted to 627,000 K and its income totaled 86,600 K.