It’s Not A Fantasy To Think That PLAYSTUDIOS Inc (MYPS) Has Big Future Potential

money audit

PLAYSTUDIOS Inc (NASDAQ:MYPS) currently has a daily average trading volume of 178.77K but it saw 240569 shares traded in last market. With a market cap of 160.63M USD, the company’s current market price of $1.28 came falling about -1.54 while comparing to the previous closing price of $1.30. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.55 and as low as $1.14. In the recent trading on the day, stock has struck highest price mark of $1.27 while lowest mark touched by it was $1.3163.

Taking a look at 20-day trading activity of PLAYSTUDIOS Inc (MYPS) gives us an average price of $1.2912, while its current price level is -49.80% below from 52-week high level whereas it is 12.28% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $1.4529 while that of 200 days or SMA-200 reads an average of $1.6718. A closer look into the stock’s movement over the week reveals that its volatility is standing at 6.88% during that period while stretching the period over a month that increases to 7.95%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 46.44 which implies that the stock is in neutral territory.

Over the week, MYPS’s stock price is moving 2.40% up while it is -1.54% when we observe its performance for the past one month. Year-to-date it is -31.18% down and over the past year, the stock is showing a downside performance of -47.33%.

The company is expected to be releasing its next quarterly report on 2025-Mar-09, for which analysts forecasted an EPS of 0.02 while estimate for next year EPS is 0.11. In next quarter, company is expected to be making quarterly sales of $63.86M as analysts are expecting the sales for current fiscal year at $258.95M and seeing the company making $256.81M in sales next year. Moreover, analysts are in estimates of $64.45M for current-quarter revenue.

Currently, PLAYSTUDIOS Inc’s total number of outstanding shares is 108.29M. Company’s return on investment (ROI) stands at -11.41% and return on equity (ROE) at -10.76%. Stock’s beta reads 0.83. Stock has a price to book (P/B) ratio of 0.65 while price to sale or P/S ratio amounts to 0.55. Its return on asset (ROA) is -8.32% on average.