Elys Game Technology Corp. (NASDAQ: ELYS) is 16.95% higher on its value in year-to-date trading and has touched a low of $1.09 and a high of $8.28 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ELYS stock was last observed hovering at around $6.90 in the last trading session, with the day’s loss setting it 0.0% off its average median price target of $6.78 for the next 12 months. It is also -1.77% off the consensus price target high of $6.78 offered by 1 analysts, but current levels are -1.77% lower than the price target low of $6.78 for the same period.
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Currently trading at $6.90, the stock is 22.20% and 30.01% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.14 million and changing 0.00% at the moment leaves the stock 126.92% off its SMA200. ELYS registered 86.38% gain for a year compared to 6-month gain of 333.96%. The firm has a 50-day simple moving average (SMA 50) of $5.66 and a 200-day simple moving average (SMA200) of $3.15.
The stock witnessed a 20.42% loss in the last 1 month and extending the period to 3 months gives it a 375.86%, and is 24.55% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 20.79% over the week and 13.59% over the month.
Elys Game Technology Corp. (ELYS) has around 33 employees, a market worth around $111.37M and $35.10M in sales. Profit margin for the company is -21.20%. Distance from 52-week low is 533.03% and -16.67% from its 52-week high. The company has generated returns on investments over the last 12 months (-26.80%).
Elys Game Technology Corp. (ELYS) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Elys Game Technology Corp. (ELYS) is a “Buy”. 1 analysts offering their recommendations for the stock, where 0 rate it as a Hold and 0 think it is a “Overweight”. 1 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Elys Game Technology Corp. is expected to release its quarterly report on 05/19/2021 and quarterly earnings per share for the current quarter are estimated at $0.The EPS is expected to shrink by -137.10% this year.
Elys Game Technology Corp. (ELYS) Top Institutional Holders
4 institutions hold shares in Elys Game Technology Corp. (ELYS), with 8.09M shares held by insiders accounting for 48.42% while institutional investors hold 1.54% of the company’s shares. The shares outstanding are 14.53M, and float is at 8.12M with Short Float at 4.65%. Institutions hold 0.80% of the Float.
The top institutional shareholder in the company is Renaissance Technologies, LLC with over 0.33 million shares valued at $1.93 million. The investor’s holdings represent 3.04% of the ELYS Shares outstanding. As of Sep 29, 2020, the second largest holder is Virtu Financial LLC with 29572.0 shares valued at $60918.0 to account for 0.27% of the shares outstanding. The other top investors are Wells Fargo & Company which holds 7000.0 shares representing 0.06% and valued at over $41300.0, while UBS Group AG holds 0.02% of the shares totaling 2344.0 with a market value of $4828.0.
Elys Game Technology Corp. (ELYS) Insider Activity
A total of 39 insider transactions have happened at Elys Game Technology Corp. (ELYS) in the last six months, with sales accounting for 2 and purchases happening 37 times. The most recent transaction is an insider purchase by Ciavarella Michele, the company’s Chief Executive Officer. SEC filings show that Ciavarella Michele bought 42,000 shares of the company’s common stock on Dec 16 at a price of $3.79 per share for a total of $0.16 million. Following the purchase, the insider now owns 0.41 million shares.
Elys Game Technology Corp. disclosed in a document filed with the SEC on Dec 14 that Pasquini Luca (Vice President of Technology) bought a total of 1,000 shares of the company’s common stock. The trade occurred on Dec 14 and was made at $3.15 per share for $3150.0. Following the transaction, the insider now directly holds 0.82 million shares of the ELYS stock.
Still, SEC filings show that on Dec 14, Gold Street Capital Corp. (10% Owner) acquired 100,000 shares at an average price of $3.02 for $0.3 million. The insider now directly holds 4,494,525 shares of Elys Game Technology Corp. (ELYS).