Paddy Power Betfair (LON:PPB) Stock Price Crosses Above 50-Day Moving Average – Here’s What Happened

Shares of Paddy Power Betfair PLC (LON:PPBGet Free Report) crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 5,676 ($73.61) and traded as high as GBX 5,794 ($75.14). Paddy Power Betfair shares last traded at GBX 5,676 ($73.61), with a volume of 388,508 shares trading hands.

Paddy Power Betfair Stock Down 1.8 %

The business’s 50 day moving average is GBX 5,676 and its 200 day moving average is GBX 5,676. The company has a quick ratio of 0.24, a current ratio of 0.64 and a debt-to-equity ratio of 6.73. The company has a market cap of £4.74 billion and a P/E ratio of 23.61.

About Paddy Power Betfair

(Get Free Report)

Paddy Power Betfair plc operates as a sports betting and gaming company in the United Kingdom, Ireland, Australia, the United States, and internationally. The company operates through Online, Australia, Retail, and US segments. It offers exchange sports betting products; fixed odds games betting; online games and casino; peer-to-peer games, including online bingo and poker; and business-to-business services.

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