Paddy Power Betfair (LON:PPB) Stock Price Down 1.8%

Shares of Paddy Power Betfair PLC (LON:PPB) were down 1.8% during mid-day trading on Thursday . The company traded as low as GBX 5,648 ($73.79) and last traded at GBX 5,676 ($74.16). Approximately 388,508 shares traded hands during trading, an increase of 68% from the average daily volume of 231,764 shares. The stock had previously closed at GBX 5,782 ($75.54).

The company has a current ratio of 0.64, a quick ratio of 0.24 and a debt-to-equity ratio of 6.73. The firm has a market cap of £4.74 billion and a PE ratio of 23.61. The company’s fifty day simple moving average is GBX 5,676.

Paddy Power Betfair Company Profile (LON:PPB)

Paddy Power Betfair plc operates as a sports betting and gaming company in the United Kingdom, Ireland, Australia, the United States, and internationally. The company operates through Online, Australia, Retail, and US segments. It offers exchange sports betting products; fixed odds games betting; online games and casino; peer-to-peer games, including online bingo and poker; and business-to-business services.

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