PLAYTECH PLC/ADR (OTCMKTS:PYTCY) Research Coverage Started at Jefferies Financial Group

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Jefferies Financial Group initiated coverage on shares of PLAYTECH PLC/ADR (OTCMKTS:PYTCY) in a report released on Monday morning, The Fly reports. The brokerage issued a buy rating on the stock.

Shares of PLAYTECH PLC/ADR stock opened at $11.63 on Monday. PLAYTECH PLC/ADR has a 52-week low of $9.46 and a 52-week high of $22.31.

PLAYTECH PLC/ADR Company Profile

Playtech Plc develops and sells software products for the online and land-based gambling industries worldwide. The company operates through Gaming B2B, Gaming B2C, and Financial segments. It operates an online trading platform to retail customers, which enable them to trade contracts for differences on various instruments, such as foreign exchange, commodities, equities, and indices; and provides B2B clients with technology for liquidity and clearing.

Further Reading: How is the discount rate different from the Federal Funds rate?

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