Market Recap Check: Playtika Holding Corp (PLTK)’s Positive Finish at 7.69, Up/Down 3.36

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The price of Playtika Holding Corp (NASDAQ: PLTK) closed at $7.69 in the last session, up 3.36% from day before closing price of $7.44. In other words, the price has increased by $3.36 from its previous closing price. On the day, 0.69 million shares were traded. PLTK stock price reached its highest trading level at $7.745 during the session, while it also had its lowest trading level at $7.42.

Ratios:

We take a closer look at PLTK’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.80 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.15. For the most recent quarter (mrq), Quick Ratio is recorded 2.73 and its Current Ratio is at 2.73.

HSBC Securities Downgraded its Buy to Hold on January 22, 2024, while the target price for the stock was maintained at $8.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on May 13 ’24 when Brudno Gili sold 67,250 shares for $8.72 per share. The transaction valued at 586,420 led to the insider holds 201,750 shares of the business.

Chau On sold 400,000 shares of PLTK for $4,755,720 on Jul 28 ’23. The 10% Owner now owns 79,910,506 shares after completing the transaction at $11.89 per share. On Jul 27 ’23, another insider, Chau On, who serves as the 10% Owner of the company, sold 300,000 shares for $12.26 each. As a result, the insider received 3,677,670 and left with 80,310,506 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PLTK now has a Market Capitalization of 2853974272 and an Enterprise Value of 4325475328. As of this moment, Playtika’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.88, and their Forward P/E ratio for the next fiscal year is 10.37. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.33. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.11. Its current Enterprise Value per Revenue stands at 1.688 whereas that against EBITDA is 6.711.

Stock Price History:

The Beta on a monthly basis for PLTK is 0.83, which has changed by -0.38676238 over the last 52 weeks, in comparison to a change of 0.23951602 over the same period for the S&P500. Over the past 52 weeks, PLTK has reached a high of $12.90, while it has fallen to a 52-week low of $6.25. The 50-Day Moving Average of the stock is -6.69%, while the 200-Day Moving Average is calculated to be -4.27%.

Shares Statistics:

According to the various share statistics, PLTK traded on average about 971.22K shares per day over the past 3-months and 1185660 shares per day over the past 10 days. A total of 370.00M shares are outstanding, with a floating share count of 67.34M. Insiders hold about 81.86% of the company’s shares, while institutions hold 14.48% stake in the company. Shares short for PLTK as of 1718323200 were 3515902 with a Short Ratio of 4.27, compared to 1715731200 on 5246356. Therefore, it implies a Short% of Shares Outstanding of 3515902 and a Short% of Float of 5.0100001999999995.

Dividends & Splits

The forward annual dividend rate for PLTK is 0.20, which was 0.1 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.01344086

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