The stock price of Lottery.com Inc (NASDAQ: LTRY) has dropped by -14.09 compared to previous close of 0.44. Despite this, the company has seen a fall of -22.64% in its stock price over the last five trading days. globenewswire.com reported 2024-11-26 that FORT WORTH, Texas, Nov. 26, 2024 (GLOBE NEWSWIRE) — On November 20, 2024, Lottery.com Inc. (NASDAQ: LTRY; LTRYW) (“Lottery.com” or “the Company”) received a notice (the “Notice”) from The Nasdaq Stock Market LLC (“Nasdaq”) indicating that, as a result of not having timely filed the Form 10-Q for the period ended September 30, 2024 with the SEC, the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1) (the “Listing Rule”), which requires timely filing of all required periodic financial reports with the SEC.
Is It Worth Investing in Lottery.com Inc (NASDAQ: LTRY) Right Now?
Additionally, the 36-month beta value for LTRY is 1.18. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for LTRY is 45.18M and currently, short sellers hold a 0.69% ratio of that float. The average trading volume of LTRY on January 15, 2025 was 522.36K shares.
LTRY’s Market Performance
The stock of Lottery.com Inc (LTRY) has seen a -22.64% decrease in the past week, with a 22.08% rise in the past month, and a -28.24% fall in the past quarter. The volatility ratio for the week is 13.43%, and the volatility levels for the past 30 days are at 22.93% for LTRY. The simple moving average for the past 20 days is -10.67% for LTRY’s stock, with a -62.23% simple moving average for the past 200 days.
LTRY Trading at 5.29% 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 -89.30% of loss for the given period.
Volatility was left at 22.93%, however, over the last 30 days, the volatility rate increased by 13.43%, as shares surge +17.92% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -10.71% lower at present.
During the last 5 trading sessions, LTRY fell by -22.64%, which changed the moving average for the period of 200-days by -81.50% in comparison to the 20-day moving average, which settled at $0.4265. In addition, Lottery.com Inc saw -21.28% 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 MCGAHAN MATTHEW HOWARD, who sale 80,000 shares at the price of $0.41 back on Dec 23 ’24. After this action, MCGAHAN MATTHEW HOWARD now owns 1,021,487 shares of Lottery.com Inc, valued at $33,200 using the latest closing price.
MCGAHAN MATTHEW HOWARD, the Officer of Lottery.com Inc, proposed sale 115,000 shares at $0.43 during a trade that took place back on Dec 23 ’24, which means that MCGAHAN MATTHEW HOWARD is holding shares at $49,450 based on the most recent closing price.
Stock Fundamentals for LTRY
Current profitability levels for the company are sitting at:
- -5.11 for the present operating margin
- -0.62 for the gross margin
The net margin for Lottery.com Inc stands at -5.94. The total capital return value is set at -1.04. Equity return is now at value -91.93, with -51.85 for asset returns.
Based on Lottery.com Inc (LTRY), the company’s capital structure generated 0.2 points at debt to capital in total, while cash flow to debt ratio is standing at -0.05. The debt to equity ratio resting at 0.25. The interest coverage ratio of the stock is -64.02.
Currently, EBITDA for the company is -19.61 million with net debt to EBITDA at -0.26. When we switch over and look at the enterprise to sales, we see a ratio of 6.65. The receivables turnover for the company is 12.98for trailing twelve months and the total asset turnover is 0.1. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.67.
Conclusion
In conclusion, Lottery.com Inc (LTRY) has seen bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as 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.
