A share price of PLAYSTUDIOS Inc [MYPS] is currently trading at $1.64, down -2.38%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The MYPS shares have gain 5.13% over the last week, with a monthly amount glided 2.50%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
PLAYSTUDIOS Inc [NASDAQ: MYPS] stock has seen the most recent analyst activity on August 06, 2024, when The Benchmark Company downgraded its rating to a Hold. Previously, Craig Hallum downgraded its rating to Hold on August 06, 2024. On August 14, 2023, BTIG Research initiated with a Neutral rating. JP Morgan started tracking the stock assigning a Neutral rating and suggested a price target of $5 on May 18, 2023. Stifel initiated its recommendation with a Buy and recommended $6 as its price target on April 19, 2023. Craig Hallum upgraded its rating to Buy for this stock on March 10, 2023, and upped its price target to $5. In a note dated February 22, 2023, Macquarie initiated an Outperform rating and provided a target price of $6 on this stock.
PLAYSTUDIOS Inc experienced fluctuations in its stock price throughout the past year between $1.43 and $3.41. Currently, Wall Street analysts expect the stock to reach $2 within the next 12 months. PLAYSTUDIOS Inc [NASDAQ: MYPS] shares were valued at $1.64 at the most recent close of the market. An investor can expect a potential return of 21.95% based on the average MYPS price forecast.
Analyzing the MYPS fundamentals
Trailing Twelve Months sales for PLAYSTUDIOS Inc [NASDAQ:MYPS] were 303.39M which represents -6.69% decline. Gross Profit Margin for this corporation currently stands at 0.63% with Operating Profit Margin at -0.03%, Pretax Profit Margin comes in at -0.0%, and Net Profit Margin reading is -0.06%. To continue investigating profitability, this company’s Return on Assets is posted at -0.06, Equity is -0.07 and Total Capital is -0.03. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.04.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.5900 points at the first support level, and at 1.5400 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.7400, and for the 2nd resistance point, it is at 1.8400.
Ratios To Look Out For
To put it in perspective, the Current Ratio for PLAYSTUDIOS Inc [NASDAQ:MYPS] is 4.14. In addition, the Quick Ratio stands at 4.14 and the Cash Ratio stands at 3.0. Considering the valuation of this stock, the price to sales ratio is 0.67, the price to book ratio is 0.78.
Transactions by insiders
Recent insider trading involved Peterson Scott Edward, Chief Financial Officer, that happened on Sep 16 ’24 when 25000.0 shares were sold. Officer, Peterson Scott Edward completed a deal on Sep 16 ’24 to buy 25000.0 shares. Meanwhile, 10% Owner MICROSOFT CORP sold 1.0 million shares on Feb 22 ’24.
