$864.88K in average volume shows that Playtika Holding Corp (PLTK) is heading in the right direction

On Monday, Playtika Holding Corp (NASDAQ: PLTK) was 3.33% up from the session before settling in for the closing price of $6.91. A 52-week range for PLTK has been $6.25 – $10.84.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

Communication Services Sector giant saw their annual sales surged by 12.12% over the last five years. When this article was written, the company’s average yearly earnings per share was at 13.76%. With a float of $68.30 million, this company’s outstanding shares have now reached $370.00 million.

The firm has a total of 3600 workers. Let’s measure their productivity. In terms of profitability, gross margin is 72.52%, operating margin of 18.31%, and the pretax margin is 13.64%.

Playtika Holding Corp (PLTK) Insider Activity

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Playtika Holding Corp stocks. The insider ownership of Playtika Holding Corp is 81.64%, while institutional ownership is 15.30%. 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) Earnings and Forecasts

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

You can see what Playtika Holding Corp (PLTK) is doing with its current performance indicators. In the most recent 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 1.04. Likewise, its price to free cash flow for the trailing twelve months is 6.56.

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)

Analysing the last 5-days average volume posted by the [Playtika Holding Corp, PLTK], we can find that recorded value of 0.89 million was lower than the volume posted last year of 0.94 million. As of the previous 9 days, the stock’s Stochastic %D was 51.52%. Additionally, its Average True Range was 0.24.

During the past 100 days, Playtika Holding Corp’s (PLTK) raw stochastic average was set at 20.83%, which indicates a significant decrease from 43.62% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.21% in the past 14 days, which was lower than the 37.44% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $7.65, while its 200-day Moving Average is $7.77. Now, the first resistance to watch is $7.21. This is followed by the second major resistance level at $7.29. The third major resistance level sits at $7.42. If the price goes on to break the first support level at $7.00, it is likely to go to the next support level at $6.87. Should the price break the second support level, the third support level stands at $6.79.

Playtika Holding Corp (NASDAQ: PLTK) Key Stats

There are 371,128K outstanding shares of the company, which has a market capitalization of 2.66 billion. As of now, sales total 2,567 M while income totals 235,000 K. Its latest quarter income was 627,000 K while its last quarter net income were 86,600 K.