Playtika Holding Corp [NASDAQ: PLTK] stock went on an upward path that rose over 0.59% on Tuesday, amounting to a one-week price decrease of less than -8.97%.
Over the last 12 months, PLTK stock dropped by -21.02%. The one-year Playtika Holding Corp stock forecast points to a potential upside of 31.86. The average equity rating for PLTK stock is currently 2.38, trading closer to a bullish pattern in the stock market.
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The market cap for the stock reached $2.53 billion, with 372.60 million shares outstanding and 67.05 million shares in the current float. Compared to the average trading volume of 696.67K shares, PLTK stock reached a trading volume of 292282 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Playtika Holding Corp [PLTK]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for PLTK shares is $9.98 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on PLTK stock is a recommendation set at 2.38. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
UBS have made an estimate for Playtika Holding Corp shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on June 24, 2024. The new note on the price target was released on June 13, 2024, representing the official price target for Playtika Holding Corp stock. Previously, the target price had yet another raise to $8, while HSBC Securities analysts kept a Hold rating on PLTK stock. On January 18, 2024, analysts decreased their price target for PLTK shares from 11 to 8.
The Average True Range (ATR) for Playtika Holding Corp is set at 0.25, with the Price to Sales ratio for PLTK stock in the period of the last 12 months amounting to 1.00. Price to Free Cash Flow for PLTK in the course of the last twelve months was 5.47 with Quick ratio for the last quarter at 3.25.
PLTK Stock Performance Analysis:
Playtika Holding Corp [PLTK] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -8.97. With this latest performance, PLTK shares dropped by -20.28% in over the last four-week period, additionally sinking by -12.14% over the last 6 months – not to mention a drop of -21.02% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for PLTK stock in for the last two-week period is set at 19.68, with the RSI for the last a single of trading hit 12.94, and the three-weeks RSI is set at 26.21 for Playtika Holding Corp [PLTK]. The present Moving Average for the last 50 days of trading for this stock 8.01, while it was recorded at 6.90 for the last single week of trading, and 7.74 for the last 200 days.
Insight into Playtika Holding Corp Fundamentals:
Playtika Holding Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 3.25 and a Current Ratio set at 3.25.
PLTK Stock EPS
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for PLTK. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Playtika Holding Corp go to 5.94%.
Playtika Holding Corp [PLTK] Institutonal Ownership Details
There are presently around $15.97%, or 118.37%% of PLTK stock, in the hands of institutional investors. The top three institutional holders of PLTK stocks are: PACER ADVISORS, INC. with ownership of 9.42 million shares, which is approximately 2.5426%. AQR CAPITAL MANAGEMENT LLC, holding 7.84 million shares of the stock with an approximate value of $$61.67 million in PLTK stocks shares; and AQR CAPITAL MANAGEMENT LLC, currently with $$61.01 million in PLTK stock with ownership which is approximately 2.0922%.
