High Roller Technologies Inc (ROLR) Stock: Assessing the Risk and Reward

The simple moving average for the past 20 days is -4.61% for ROLR’s stock, with a -4.61% simple moving average for the past 200 days.

Is It Worth Investing in High Roller Technologies Inc (AMEX: ROLR) Right Now?

The public float for ROLR is 1.48M, and currently, shorts hold a 0.09% of that float. The average trading volume for ROLR on November 20, 2024 was 35.59K shares.

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ROLR) stock’s latest price update

High Roller Technologies Inc (AMEX: ROLR)’s stock price has gone rise by 18.48 in comparison to its previous close of 5.25, however, the company has experienced a 3.67% increase in its stock price over the last five trading days. globenewswire.com reported 2024-11-14 that Exchange Act Rules 13a-13(a) and 15d-13(a), Estimated on or Before December 6, 2024 Company Pre-announces Consecutive Q3 over Q2 Revenue Growth of 30% Las Vegas, Nevada, Nov. 14, 2024 (GLOBE NEWSWIRE) — High Roller Technologies, Inc. (“High Roller” and the “Company”) (NYSE American: ROLR), operator of www.HighRoller.com and www.Fruta.com, each a premium brand in online gaming and a destination for high rollers, today reported unaudited top-line revenue of $7.52 million for the third quarter ending September 30, 2024, reflecting a 30% increase over the previous quarter’s revenue of $5.80 million. “This significant quarter-over-quarter revenue growth reflects the success of our pre-IPO strategy, focused on cost optimization and efficient marketing channels with strong returns,” commented Ben Clemes, CEO of High Roller Technologies.

ROLR Trading at -4.61% from the 50-Day Moving Average

After a stumble in the market that brought ROLR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -26.22% of loss for the given period.

During the last 5 trading sessions, ROLR rose by +3.67%, in comparison to the 20-day moving average. In addition, High Roller Technologies Inc saw -20.15% 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 ROLR starting from Cribari Michael, who purchase 31,250 shares at the price of $8.00 back on Oct 23 ’24. After this action, Cribari Michael now owns 31,250 shares of High Roller Technologies Inc, valued at $250,000 using the latest closing price.

Clemes Benjamin Michael, the Chief Executive Officer of High Roller Technologies Inc, purchase 6,250 shares at $8.00 during a trade that took place back on Oct 23 ’24, which means that Clemes Benjamin Michael is holding 61,353 shares at $50,000 based on the most recent closing price.

Stock Fundamentals for ROLR

The liquidity ratio also appears to be rather interesting for investors as it stands at 0.36.

Conclusion

In conclusion, High Roller Technologies Inc (ROLR) has had a mixed performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. 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.

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