Playtech plc (PYTCY)
Playtech plc operates in the Gambling, Resorts & Casinos industry of the Consumer Cyclical sector, headquartered in London, LO, GB. The stock last traded at $9.94, down 5.42% on the session, giving a market capitalisation of $1.45B. On trailing twelve-month figures it carries a trailing P/E of -7.67, a net margin of 194.4%. Its beta of 0.65 implies it has historically moved less than the broad market.
Playtech Plc is a global technology enterprise that delivers a comprehensive suite of software, services, content, and platform solutions to the gambling industry. Its extensive portfolio covers diverse product verticals such as traditional and live casino games, sports betting, virtual sports, bingo, and poker. Beyond merely developing and selling software, the company manages intellectual property rights and licenses its technology. It also provides a broad spectrum of supporting services, from marketing and advertising, consulting, and online technical support to data mining processing, complete turnkey solutions, operational and hosting services, and even live game and video stream production. Furthermore, Playtech operates its own betting shops. Founded in 1999, Playtech Plc is headquartered in Douglas, Isle of Man.
Playtech plc is most often compared with the following Consumer Cyclical names: