SharpLink Gaming Inc (NASDAQ: SBET) is -49.12% lower on its value in year-to-date trading and has touched a low of $0.25 and a high of $1.47 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 SBET stock was last observed hovering at around $0.29 in the last trading session, with the day’s gains setting it 0.04%.
Currently trading at $0.33, the stock is -3.03% and -19.39% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.5 million and changing 12.65% at the moment leaves the stock -46.76% off its SMA200. SBET registered -77.08% loss for a year compared to 6-month loss of -54.68%. The firm has a 50-day simple moving average (SMA 50) of $0.4074 and a 200-day simple moving average (SMA200) of $0.61595.
The stock witnessed a -23.77% gain in the last 1 month and extending the period to 3 months gives it a -55.60%, and is 10.37% 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 14.78% over the week and 14.06% over the month.
SharpLink Gaming Inc (SBET) has around 5 employees, a market worth around $2.26M and $3.66M in sales. Profit margin for the company is -109.53%. Distance from 52-week low is 31.33% and -77.65% from its 52-week high. The company has generated returns on investments over the last 12 months (-192.60%).
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SharpLink Gaming Inc (SBET) Top Institutional Holders
15.0 institutions hold shares in SharpLink Gaming Inc (SBET), with institutional investors hold 5.24% of the company’s shares. The shares outstanding are 6.90M, and float is at 6.21M with Short Float at 0.73%. Institutions hold 4.79% of the Float.
SharpLink Gaming Inc (SBET) Insider Activity
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