PLAYSTUDIOS (NASDAQ:MYPS - Get Free Report) is expected to announce its Q1 2025 earnings results after the market closes on Monday, May 5th. Analysts expect the company to announce earnings of ($0.03) per share and revenue of $64.45 million for the quarter.
PLAYSTUDIOS Stock Up 0.8 %
MYPS stock traded up $0.01 during mid-day trading on Thursday, hitting $1.28. 80,069 shares of the company were exchanged, compared to its average volume of 216,038. PLAYSTUDIOS has a 12-month low of $1.14 and a 12-month high of $2.55. The firm has a market capitalization of $170.84 million, a P/E ratio of -6.74, a PEG ratio of 17.60 and a beta of 0.90. The business has a fifty day simple moving average of $1.35 and a 200-day simple moving average of $1.62.
Insider Activity at PLAYSTUDIOS
In other PLAYSTUDIOS news, CFO Scott Edward Peterson sold 29,601 shares of the firm's stock in a transaction dated Tuesday, April 1st. The stock was sold at an average price of $1.26, for a total transaction of $37,297.26. Following the transaction, the chief financial officer now owns 504,397 shares of the company's stock, valued at approximately $635,540.22. This trade represents a 5.54 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 14.29% of the stock is currently owned by corporate insiders.
Wall Street Analyst Weigh In
MYPS has been the subject of several recent research reports. Macquarie decreased their price objective on PLAYSTUDIOS from $2.00 to $1.50 and set a "neutral" rating for the company in a research note on Wednesday, March 12th. Benchmark reiterated a "hold" rating on shares of PLAYSTUDIOS in a report on Tuesday, March 11th. One analyst has rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $3.20.
Check Out Our Latest Report on PLAYSTUDIOS
About PLAYSTUDIOS
(
Get Free Report)
PLAYSTUDIOS, Inc develops and publishes free-to-play casual games for mobile and social platforms in the United States and internationally. The company's game portfolio includes a diverse range of titles comprising social casino, card, puzzle, and adventure games. It also offers POP! Slots, myVEGAS Slots, my KONAMI Slots, MGM Slots Live, myVEGAS Blackjack, myVEGAS Bingo, Tetris, Solitaire, Spider Solitaire, Jumbline 2, Sudoku, and Mahjong games.
Recommended Stories
Before you consider PLAYSTUDIOS, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and PLAYSTUDIOS wasn't on the list.
While PLAYSTUDIOS currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
