PLAYTECH PLC (PTEC) Shares
ABOUT PLAYTECH PLC
Playtech plc is a gambling software development company founded in 1999 by Teddy Sagi in Tartu, Estonia. It provides software for online bingo games, online casinos, online sports betting, online poker rooms, mobile gaming, scratch games, live dealer games and fixed-odds arcade games online.
Playtech plc launched its first casino product in 2001, and since then it has grown to become the world’s leading and largest international designer, developer and licensor of web and mobile application software to the digital gaming industry.
Virtue Fusion is Playtech’s bingo platform and iPoker its poker platform. Playtech BGT Sports, a majority-owned subsidiary of Playtech, provides sports betting software and technology to bookmakers.
The company has offices in 17 countries, holds 140 global licensees and has a workforce of over 5 800 people.
OVERVIEW OF PLAYTECH PLC
Playtech plc supplies online gaming software. Its segments include Gaming and Financial.
The Gaming segment includes casino, services, sport, bingo, poker and land based. The Financial segment includes contracts for difference (CFD). Its business gambling software offering includes casino, live casino, bingo, poker and sports betting.
The Company supplies software and services through online, retail and mobile operators, land-based casino groups and government sponsored entities.
Its product suite enables players to access online, broadcast, mobile and server-based gaming terminals through a single account. Its subsidiaries include Playtech Software Limited, OU Playtech (Estonia) and Techplay Marketing Limited.
VISION & VALUES OF PLAYTECH PLC
- Playtech plc is committed to offer its partners best-of-breed gaming products and services across all platforms.
- Its vision is to remove the technology barrier for its customers, while keeping them at the forefront of innovation. The key focus for its business is creating, maintaining and developing key relationships with its long-standing partners. The company is committed to quality and innovation.
- Playtech’s philosophy is to expand its offering to support it licensees with new technologies and avenues to market and products.
- It has an outstanding acquisition track record and companies have mostly been acquired on an earn-out basis.
- It is focused on making further, similar bolt-on and larger acquisitions.
- Shareholders who purchase company shares can be assured of the company’s continuous growth.
MARKET PERFORMANCE OF PLAYTECH PLC
Playtech plc trades on the London Stock Exchange (LSE) and is a constituent of the FTSE 250 Index. The company is listed under the stock symbol PTEC on the Financial Times Stock Exchange (FTSE).
According to reports in August 2019, the company’s core business demonstrates high quality. There is a 69% increase in revenue and a 31% increase in adj.
EBITDA. A 7% growth measures in regulated B2B Gambling revenue at constant currency.
New business with existing, and new customers secures the future growth in strategic markets.
The progressive shareholder distribution policy enables a further € 25m buyback and interim dividend.
Buy PLAYTECH PLC stocks / shares – A Step by Step Guide how to Buy / Purchase PLAYTECH PLC Stocks or Shares online.
Before buying any stock or share one has to consider a few factors.
STEP 1: PROPER RESEARCH IS ESSENTIAL
Upon deciding you want to buy PLAYTECH PLC Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.
Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.
STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN PLAYTECH PLC STOCKS / SHARES
It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 500.
STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE
Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.
STEP 4: OPEN A BROKERAGE ACCOUNT
A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.
STEP 5: COMMIT AND PURCHASE PLAYTECH PLC STOCKS / SHARES
Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out. Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of PLAYTECH PLC stocks / shares.
5 Questions to ask yourself before purchasing any stocks or shares.
- Is it the best time to buy this stock / share?
- Should I buy PLAYTECH PLC stocks / shares in the current economic climate?
- Can I afford to buy this stock / share?
- What is the forecast of the stock / share growth?
- What is the current price per earning ration on the stock / share?