Esports Entertainment Group Inc. (NASDAQ:GMBL) went up by 2.48% from its latest closing price compared to the recent 1-year high of $24.48. The company’s stock price has collected 4.91% of gains in the last five trading sessions. Press Release reported 7 hours ago that Esports Entertainment Group Reports Fourth Quarter and Fiscal Year 2021 Results
Is It Worth Investing in Esports Entertainment Group Inc. (NASDAQ :GMBL) Right Now?
Plus, the 36-month beta value for GMBL is at 0.95. Opinions of the stock are interesting as 3 analysts out of 3 who provided ratings for Esports Entertainment Group Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $18.33. GMBL currently public float of 16.41M and currently shorts hold a 7.28% ratio of that float. Today, the average trading volume of GMBL was 323.75K shares.
GMBL’s Market Performance
GMBL stocks went up by 4.91% for the week, with a monthly drop of -16.73% and a quarterly performance of -28.66%, while its annual performance rate touched 38.20%. The volatility ratio for the week stands at 4.07% while the volatility levels for the past 30 days are set at 5.58% for Esports Entertainment Group Inc.. The simple moving average for the period of the last 20 days is -5.02% for GMBL stocks with a simple moving average of -38.93% for the last 200 days.
Analysts’ Opinion of GMBL
Many brokerage firms have already submitted their reports for GMBL stocks, with H.C. Wainwright repeating the rating for GMBL by listing it as a “Buy.” The predicted price for GMBL in the upcoming period, according to H.C. Wainwright is $20 based on the research report published on April 27th of the current year 2021.
The Benchmark Company, on the other hand, stated in their research note that they expect to see GMBL reach a price target of $20. The rating they have provided for GMBL stocks is “Speculative Buy” according to the report published on March 29th, 2021.
The Benchmark Company gave a rating of “Buy” to GMBL, setting the target price at $20 in the report published on March 29th of the current year.
GMBL Trading at -17.43% from the 50-Day Moving Average
After a stumble in the market that brought GMBL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -72.96% of loss for the given period.
Volatility was left at 5.58%, however, over the last 30 days, the volatility rate increased by 4.07%, as shares sank -18.67% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -22.84% lower at present.
During the last 5 trading sessions, GMBL rose by +4.91%, which changed the moving average for the period of 200-days by -5.56% in comparison to the 20-day moving average, which settled at $6.89. In addition, Esports Entertainment Group Inc. saw 4.25% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for GMBL
The total capital return value is set at -121.03, while invested capital returns managed to touch -323.42. Equity return is now at value -76.00, with -57.40 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 7.51.