The Volatility of Playtika Holding Corp’s (PLTK) Stock: A -5.62% Ratio for the Week

The stock of Playtika Holding Corp (PLTK) has gone down by -5.62% for the week, with a -22.04% drop in the past month and a -15.68% drop in the past quarter. The volatility ratio for the week is 3.14%, and the volatility levels for the past 30 days are 3.22% for PLTK. The simple moving average for the past 20 days is -14.21% for PLTK’s stock, with a -13.19% simple moving average for the past 200 days.

Is It Worth Investing in Playtika Holding Corp (NASDAQ: PLTK) Right Now?

The price-to-earnings ratio for Playtika Holding Corp (NASDAQ: PLTK) is 11.53x, which is above its average ratio. Moreover, the 36-month beta value for PLTK is 0.89. Analysts have varying opinions on the stock, with 5 analysts rating it as a “buy,” 0 as “overweight,” 7 as “hold,” and 0 as “sell.”

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The public float for PLTK is 67.05M and currently, short sellers hold a 5.37% of that float. On December 27, 2024, PLTK’s average trading volume was 690.19K shares.

PLTK) stock’s latest price update

The stock of Playtika Holding Corp (NASDAQ: PLTK) has decreased by -1.18 when compared to last closing price of 6.80. Despite this, the company has experienced a -5.62% fall in its stock price over the last five trading sessions. prnewswire.com reported 2024-12-20 that Poker enthusiasts can download the WSOP free-to-play app for the chance to win a free Vegas poker vacation HERZLIYA, Israel, Dec. 20, 2024 /PRNewswire/ — Turn the lull between the winter holidays and the New Year into a jackpot opportunity with Playtika’s World Series of Poker (WSOP) free-to-play app, with the chance to win the ultimate Las Vegas poker adventure. From December 26 to January 23, WSOP will award one winner each week—four lucky players—a dream Vegas getaway for two.

Analysts’ Opinion of PLTK

Many brokerage firms have already submitted their reports for PLTK stocks, with UBS repeating the rating for PLTK by listing it as a “Neutral.” The predicted price for PLTK in the upcoming period, according to UBS is $8.50 based on the research report published on June 24, 2024 of the current year 2024.

HSBC Securities gave a rating of “Hold” to PLTK, setting the target price at $8 in the report published on January 22nd of the current year.

PLTK Trading at -15.97% 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 -26.60% of loss for the given period.

Volatility was left at 3.22%, however, over the last 30 days, the volatility rate increased by 3.14%, as shares sank -21.22% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -10.40% lower at present.

During the last 5 trading sessions, PLTK fell by -5.62%, which changed the moving average for the period of 200-days by -5.49% in comparison to the 20-day moving average, which settled at $7.83. In addition, Playtika Holding Corp saw -22.94% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at PLTK starting from Playtika Holding UK II Ltd, who sale 75,923 shares at the price of $7.54 back on Dec 16 ’24. After this action, Playtika Holding UK II Ltd now owns 200,554,660 shares of Playtika Holding Corp, valued at $572,588 using the latest closing price.

Playtika Holding UK II Ltd, the 10% Owner of Playtika Holding Corp, sale 7,612 shares at $7.50 during a trade that took place back on Dec 17 ’24, which means that Playtika Holding UK II Ltd is holding 200,547,048 shares at $57,098 based on the most recent closing price.

Stock Fundamentals for PLTK

Current profitability levels for the company are sitting at:

  • 0.19 for the present operating margin
  • 0.73 for the gross margin

The net margin for Playtika Holding Corp stands at 0.09. The total capital return value is set at 0.17.

Based on Playtika Holding Corp (PLTK), the company’s capital structure generated 1.04 points at debt to capital in total, while cash flow to debt ratio is standing at 0.21. The debt to equity ratio resting at -24.52. The interest coverage ratio of the stock is 3.02.

Currently, EBITDA for the company is 703.6 million with net debt to EBITDA at 2.04. When we switch over and look at the enterprise to sales, we see a ratio of 1.52. The receivables turnover for the company is 15.9for trailing twelve months and the total asset turnover is 0.8. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.25.

Conclusion

To wrap up, the performance of Playtika Holding Corp (PLTK) has been bad in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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