SharpLink Gaming Ltd. (NASDAQ:SBET) went down by -4.69% from its latest closing price compared to the recent 1-year high of $17.88. The company’s stock price has collected -5.51% of loss in the last five trading sessions. Press Release reported on 09/08/21 that Minnesota Vikings Team with SharpLink Gaming to Offer NFL Fans Free Fantasy-Style “Pass or Play” Mobile Gaming Experience
Is It Worth Investing in SharpLink Gaming Ltd. (NASDAQ :SBET) Right Now?
Plus, the 36-month beta value for SBET is at 0.86. Opinions of the stock are interesting as 0 analysts out of 0 who provided ratings for SharpLink Gaming Ltd. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
SBET currently public float of 2.59M and currently shorts hold a 9.98% ratio of that float. Today, the average trading volume of SBET was 1.99M shares.
SBET’s Market Performance
SBET stocks went down by -5.51% for the week, with a monthly drop of -13.54% and a quarterly performance of -3.35%, while its annual performance rate touched 126.86%. The volatility ratio for the week stands at 8.20% while the volatility levels for the past 30 days are set at 10.19% for SharpLink Gaming Ltd.. The simple moving average for the period of the last 20 days is -2.19% for SBET stocks with a simple moving average of -0.04% for the last 200 days.
SBET Trading at -18.52% from the 50-Day Moving Average
After a stumble in the market that brought SBET to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -69.30% of loss for the given period.
Volatility was left at 10.19%, however, over the last 30 days, the volatility rate increased by 8.20%, as shares sank -7.73% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -12.86% lower at present.
During the last 5 trading sessions, SBET fell by -5.51%, which changed the moving average for the period of 200-days by +103.33% in comparison to the 20-day moving average, which settled at $5.59. In addition, SharpLink Gaming Ltd. saw 77.10% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for SBET
Equity return is now at value -64.10, with -27.20 for asset returns.