Motorsport Games Inc (NASDAQ: MSGM) is -41.75% lower on its value in year-to-date trading and has touched a low of $1.42 and a high of $6.60 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The MSGM stock was last observed hovering at around $1.50 in the last trading session, with the day’s gains setting it 0.3%.
Currently trading at $1.80, the stock is -8.62% and -19.42% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.93 million and changing 20.00% at the moment leaves the stock -26.83% off its SMA200. MSGM registered -68.80% loss for a year compared to 6-month gain of -22.75%.
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The stock witnessed a -23.08% loss in the last 1 month and extending the period to 3 months gives it a -38.36%, and is 12.50% 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 13.19% over the week and 7.81% over the month.
Motorsport Games Inc (MSGM) has around 71 employees, a market worth around $5.53M and $8.35M in sales. Current P/E ratio is 5.11. Profit margin for the company is 11.52%. Distance from 52-week low is 26.76% and -72.73% from its 52-week high. The company has generated returns on investments over the last 12 months (22.20%).
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Motorsport Games Inc (MSGM) Top Institutional Holders
The shares outstanding are 2.72M, and float is at 1.40M with Short Float at 1.43%.
