Playtika Holding Corp. (NASDAQ:PLTK) went down by -1.56% from its latest closing price compared to the recent 1-year high of $36.06. The company’s stock price has collected -8.07% of loss in the last five trading sessions. Press Release reported on 05/22/21 that HAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Playtika Holding Corp. – PLTK
Is It Worth Investing in Playtika Holding Corp. (NASDAQ :PLTK) Right Now?
Playtika Holding Corp. (NASDAQ:PLTK) scored a price-to-earnings ratio above its average ratio, recording 89.08 x from its present earnings ratio. Opinions of the stock are interesting as 8 analysts out of 11 who provided ratings for Playtika Holding Corp. declared the stock was a “buy,” while 1 rated the stock as “overweight,” 2 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $37.55, which is $12.15 above the current price. PLTK currently public float of 80.56M and currently shorts hold a 13.94% ratio of that float. Today, the average trading volume of PLTK was 956.64K shares.
PLTK’s Market Performance
PLTK stocks went down by -8.07% for the week, with a monthly drop of -5.67% and a quarterly performance of -4.85%. The volatility ratio for the week stands at 3.80% while the volatility levels for the past 30 days are set at 4.14% for Playtika Holding Corp.. The simple moving average for the period of the last 20 days is -3.58% for PLTK stocks with a simple moving average of -10.05% for the last 200 days.
Analysts’ Opinion of PLTK
Many brokerage firms have already submitted their reports for PLTK stocks, with MKM Partners repeating the rating for PLTK by listing it as a “Buy.” The predicted price for PLTK in the upcoming period, according to MKM Partners is $32 based on the research report published on March 25th of the current year 2021.
Wedbush, on the other hand, stated in their research note that they expect to see PLTK reach a price target of $42. The rating they have provided for PLTK stocks is “Outperform” according to the report published on February 10th, 2021.
Cowen gave a rating of “Outperform” to PLTK, setting the target price at $42 in the report published on February 10th of the current year.
PLTK Trading at -5.21% from the 50-Day Moving Average
After a stumble in the market that brought PLTK to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -29.84% of loss for the given period.
Volatility was left at 4.14%, however, over the last 30 days, the volatility rate increased by 3.80%, as shares sank -2.28% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.71% lower at present.
During the last 5 trading sessions, PLTK fell by -8.07%, in comparison to the 20-day moving average, which settled at $26.21. In addition, Playtika Holding Corp. saw -19.99% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at PLTK starting from Alpha Frontier Ltd, who sale 61,406,500 shares at the price of $27.00 back on Jan 20. After this action, Alpha Frontier Ltd now owns 316,593,500 shares of Playtika Holding Corp., valued at $1,657,975,500 using the latest closing price.
Stock Fundamentals for PLTK
Equity return is now at value -7.70, with 5.10 for asset returns.