PLAYSTUDIOS (MYPS) Projected to Post Quarterly Earnings on Monday

PLAYSTUDIOS (NASDAQ:MYPS) is expected to post its quarterly earnings results after the market closes on Monday, March 10th. Analysts expect PLAYSTUDIOS to post earnings of ($0.13) per share and revenue of $67.42 million for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.

PLAYSTUDIOS Price Performance

PLAYSTUDIOS stock opened at $1.56 on Friday. The company has a market capitalization of $194.51 million, a price-to-earnings ratio of -8.21, a price-to-earnings-growth ratio of 17.60 and a beta of 0.81. PLAYSTUDIOS has a 12-month low of $1.20 and a 12-month high of $3.04. The firm’s fifty day moving average price is $1.75 and its 200 day moving average price is $1.69.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on MYPS shares. Macquarie lowered shares of PLAYSTUDIOS from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, January 22nd. JPMorgan Chase & Co. reiterated an “underweight” rating on shares of PLAYSTUDIOS in a report on Wednesday, December 18th. One research 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. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $3.63.

About PLAYSTUDIOS

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.