Playtika Holding Corp (NASDAQ: PLTK) is -18.35% lower on its value in year-to-date trading and has touched a low of $6.25 and a high of $12.90 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The PLTK stock was last observed hovering at around $7.05 in the last trading session, with the day’s gains setting it 0.07%.
Currently trading at $7.12, the stock is 2.15% and 0.07% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.66 million and changing 0.99% at the moment leaves the stock -18.27% off its SMA200. PLTK registered -36.71% loss for a year compared to 6-month loss of -18.35%.
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The stock witnessed a 4.86% gain in the last 1 month and extending the period to 3 months gives it a -4.56%, and is 3.19% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.52% over the week and 2.98% over the month.
Playtika Holding Corp (PLTK) has around 3600 employees, a market worth around $2.64B and $2.57B in sales. Current P/E ratio is 11.10 and Fwd P/E is 10.06. Profit margin for the company is 9.15%. Distance from 52-week low is 13.92% and -44.78% from its 52-week high. The company has generated returns on investments over the last 12 months (10.37%).
The EPS is expected to grow by 3.40% this year
The shares outstanding are 370.00M, and float is at 69.18M with Short Float at 7.88%.
Playtika Holding Corp (PLTK) Insider Activity
The most recent transaction is an insider sale by Chau On, the company’s 10% Owner. SEC filings show that Chau On sold 400,000 shares of the company’s common stock on Jul 28 ’23 at a price of $11.89 per share for a total of $4.76 million. Following the sale, the insider now owns 79.91 million shares.
Playtika Holding Corp disclosed in a document filed with the SEC on Jul 27 ’23 that Chau On (10% Owner) sold a total of 300,000 shares of the company’s common stock. The trade occurred on Jul 27 ’23 and was made at $12.26 per share for $3.68 million. Following the transaction, the insider now directly holds 80.31 million shares of the PLTK stock.
Still, SEC filings show that on Jul 26 ’23, Chau On (10% Owner) disposed off 200,000 shares at an average price of $12.23 for $2.45 million. The insider now directly holds 80,610,506 shares of Playtika Holding Corp (PLTK).
