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Craig-Hallum Remains a Buy on PLAYSTUDIOS (MYPS)
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Craig-Hallum Remains a Buy on PLAYSTUDIOS (MYPS)

Craig-Hallum analyst Ryan Sigdahl reiterated a Buy rating on PLAYSTUDIOS (MYPSResearch Report) today. The company’s shares closed yesterday at $4.61.

Sigdahl covers the Technology sector, focusing on stocks such as Light & Wonder, DraftKings, and Genius Sports Limited. According to TipRanks, Sigdahl has an average return of 27.9% and a 58.86% success rate on recommended stocks.

PLAYSTUDIOS has an analyst consensus of Moderate Buy, with a price target consensus of $4.95, which is a 7.38% upside from current levels. In a report released today, Northland Securities also maintained a Buy rating on the stock with a $5.50 price target.

See today’s best-performing stocks on TipRanks >>

MYPS market cap is currently $608.9M and has a P/E ratio of 154.18.

Based on the recent corporate insider activity of 11 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of MYPS in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Acies Acquisition Corp is a blank check company.

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