Playtika Holding Corp (NASDAQ: PLTK) is -27.67% lower on its value in year-to-date trading and has touched a low of $3.97 and a high of $9.15 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 $4.97 in the last trading session, with the day’s gains setting it 0.05%.
Currently trading at $5.02, the stock is -2.64% and 0.94% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.93 million and changing 1.01% at the moment leaves the stock -26.73% off its SMA200. PLTK registered -42.56% loss for a year compared to 6-month loss of -40.31%.
The stock witnessed a -1.38% gain in the last 1 month and extending the period to 3 months gives it a -32.62%, and is 0.00% down 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 3.34% over the week and 3.94% over the month.
Playtika Holding Corp (PLTK) has around 3500 employees, a market worth around $1.88B and $2.60B in sales. Current P/E ratio is 13.39 and Fwd P/E is 7.91. Profit margin for the company is 5.37%. Distance from 52-week low is 26.45% and -45.17% from its 52-week high. The company has generated returns on investments over the last 12 months (5.89%).
The EPS is expected to grow by 17.91% this year
The shares outstanding are 375.70M, and float is at 67.42M with Short Float at 7.98%.
The top institutional shareholder in the company is PACER ADVISORS, INC. with over 9.42 million shares valued at $74.14 million. The investor’s holdings represent 2.5364 of the PLTK Shares outstanding. As of 2024-06-30, the second largest holder is AQR CAPITAL MANAGEMENT LLC with 7.84 million shares valued at $61.67 million to account for 2.11 of the shares outstanding. The other top investors are LSV ASSET MANAGEMENT which holds 7.75 million shares representing 2.0871 and valued at over $61.01 million, while VANGUARD GROUP INC holds 0.9932 of the shares totaling 3.69 million with a market value of $29.03 million.
Playtika Holding Corp (PLTK) Insider Activity
Playtika Holding Corp disclosed in a document filed with the SEC on Dec 16 ’24 that Playtika Holding UK II Ltd (10% Owner) sold a total of 75,923 shares of the company’s common stock. The trade occurred on Dec 16 ’24 and was made at $7.54 per share for $0.57 million. Following the transaction, the insider now directly holds 200.55 million shares of the PLTK stock.
Still, SEC filings show that on Dec 17 ’24, Playtika Holding UK II Ltd (10% Owner) disposed off 7,612 shares at an average price of $7.50 for $57098.0. The insider now directly holds 200,547,048 shares of Playtika Holding Corp (PLTK).
