PLAYSTUDIOS (MYPS) Expected to Announce Earnings on Monday

PLAYSTUDIOS (NASDAQ:MYPS) is projected to issue its quarterly earnings data after the market closes on Monday, March 10th. Analysts expect the company to announce earnings of ($0.13) per share and revenue of $67.42 million for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

PLAYSTUDIOS Stock Performance

Shares of MYPS stock opened at $1.56 on Friday. PLAYSTUDIOS has a 52-week low of $1.20 and a 52-week high of $3.04. The stock has a market cap of $194.51 million, a price-to-earnings ratio of -8.21, a P/E/G ratio of 17.60 and a beta of 0.81. The firm has a fifty day moving average of $1.75 and a 200-day moving average of $1.69.

Analysts Set New Price Targets

MYPS has been the subject of a number of recent research reports. JPMorgan Chase & Co. restated an “underweight” rating on shares of PLAYSTUDIOS in a research note on Wednesday, December 18th. Macquarie cut shares of PLAYSTUDIOS from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, January 22nd. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $3.63.

PLAYSTUDIOS Company Profile

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.