The stock price of SharpLink Gaming Inc (NASDAQ: SBET) has jumped by 12.93 compared to previous close of 3.17. Despite this, the company has seen a fall of -4.53% in its stock price over the last five trading days. globenewswire.com reported 2025-05-01 that MINNEAPOLIS, May 01, 2025 (GLOBE NEWSWIRE) — SharpLink Gaming, Inc. (Nasdaq: SBET) (“SharpLink” or the “Company”), an online performance-based marketing company serving the U.S. sports betting and global iGaming industries, today announced that it will effect a 1-for-12 reverse stock split of its outstanding common stock. The reverse stock split will be effective for trading purposes as of the commencement of trading on May 6, 2025.
Is It Worth Investing in SharpLink Gaming Inc (NASDAQ: SBET) Right Now?
The 36-month beta value for SBET is at 1.40. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for SBET is 0.60M, and currently, shorts hold a 5.33% of that float. The average trading volume for SBET on May 12, 2025 was 128.16K shares.
SBET’s Market Performance
SBET stock saw an increase of -4.53% in the past week, with a monthly gain of 8.76% and a quarterly increase of -38.95%. The volatility ratio for the week is 33.84%, and the volatility levels for the last 30 days are 21.81% for SharpLink Gaming Inc (SBET). The simple moving average for the past 20 days is 13.32% for SBET’s stock, with a -47.16% simple moving average for the past 200 days.
SBET Trading at -1.42% 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 -73.36% of loss for the given period.
Volatility was left at 21.81%, however, over the last 30 days, the volatility rate increased by 33.84%, as shares surge +5.01% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -18.15% lower at present.
During the last 5 trading sessions, SBET fell by -4.53%, which changed the moving average for the period of 200-days by -46.64% in comparison to the 20-day moving average, which settled at $3.16. In addition, SharpLink Gaming Inc saw -53.69% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for SBET
Current profitability levels for the company are sitting at:
- -1.3 for the present operating margin
- 0.25 for the gross margin
The net margin for SharpLink Gaming Inc stands at -1.1. The total capital return value is set at -2.28.
Currently, EBITDA for the company is -4.14 million with net debt to EBITDA at 0.35. When we switch over and look at the enterprise to sales, we see a ratio of 0.25. The receivables turnover for the company is 6.81for trailing twelve months and the total asset turnover is 1.42. The liquidity ratio also appears to be rather interesting for investors as it stands at 5.23.
Conclusion
In conclusion, SharpLink Gaming Inc (SBET) has had a bad 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.
