The stock of Lottery.com Inc (LTRY) has gone down by -27.63% for the week, with a -32.61% drop in the past month and a -57.36% drop in the past quarter. The volatility ratio for the week is 8.83%, and the volatility levels for the past 30 days are 10.18% for LTRY. The simple moving average for the past 20 days is -27.20% for LTRY’s stock, with a -68.78% simple moving average for the past 200 days.
Is It Worth Investing in Lottery.com Inc (NASDAQ: LTRY) Right Now?
Moreover, the 36-month beta value for LTRY is 1.27. Analysts have varying opinions on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for LTRY is 4.74M and currently, short sellers hold a 3.88% of that float. On September 20, 2024, LTRY’s average trading volume was 176.58K shares.
LTRY) stock’s latest price update
The stock of Lottery.com Inc (NASDAQ: LTRY) has decreased by -14.06 when compared to last closing price of 0.64.Despite this, the company has seen a loss of -27.63% in its stock price over the last five trading days. globenewswire.com reported 2024-09-05 that LONDON, Sept. 05, 2024 (GLOBE NEWSWIRE) — Lottery.com Inc. (Nasdaq: LTRY, LTRYW) (“Lottery.com” or the “Company”), a leading online lottery services provider, announces the successful completion of its acquisition of S&MI Ltd.
LTRY Trading at -43.40% from the 50-Day Moving Average
After a stumble in the market that brought LTRY to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -92.15% of loss for the given period.
Volatility was left at 10.18%, however, over the last 30 days, the volatility rate increased by 8.83%, as shares sank -28.19% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -46.50% lower at present.
During the last 5 trading sessions, LTRY fell by -29.61%, which changed the moving average for the period of 200-days by -70.61% in comparison to the 20-day moving average, which settled at $0.7450. In addition, Lottery.com Inc saw -79.70% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at LTRY starting from POTTS GREGORY A, who proposed sale 16,500 shares at the price of $0.68 back on Sep 20 ’24. After this action, POTTS GREGORY A now owns shares of Lottery.com Inc, valued at $11,169 using the latest closing price.
Stock Fundamentals for LTRY
Current profitability levels for the company are sitting at:
- -4.95 for the present operating margin
- -1.14 for the gross margin
The net margin for Lottery.com Inc stands at -5.05. The total capital return value is set at -0.87. Equity return is now at value -71.95, with -43.21 for asset returns.
Based on Lottery.com Inc (LTRY), the company’s capital structure generated 0.19 points at debt to capital in total, while cash flow to debt ratio is standing at -0.41. The debt to equity ratio resting at 0.23. The interest coverage ratio of the stock is -0.0.
Currently, EBITDA for the company is -18.65 million with net debt to EBITDA at -0.29. When we switch over and look at the enterprise to sales, we see a ratio of 2.15. The receivables turnover for the company is 23.83for trailing twelve months and the total asset turnover is 0.09. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.70.
Conclusion
To wrap up, the performance of Lottery.com Inc (LTRY) has been bad in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
