SharpLink Gaming Inc’s Market Journey: Closing Weak at 0.61, Down -3.94

Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.

The closing price of SharpLink Gaming Inc (NASDAQ: SBET) was $0.61 for the day, down -3.94% from the previous closing price of $0.63. In other words, the price has decreased by -$3.94 from its previous closing price. On the day, 0.11 million shares were traded. SBET stock price reached its highest trading level at $0.65 during the session, while it also had its lowest trading level at $0.6015.

Ratios:

Our analysis of SBET’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 3.24 and its Current Ratio is at 3.24. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SBET now has a Market Capitalization of 2183423 and an Enterprise Value of -65645. Its current Enterprise Value per Revenue stands at -0.015 whereas that against EBITDA is 0.011.

Stock Price History:

The Beta on a monthly basis for SBET is 1.17, which has changed by -0.6280488 over the last 52 weeks, in comparison to a change of 0.23806548 over the same period for the S&P500. Over the past 52 weeks, SBET has reached a high of $2.18, while it has fallen to a 52-week low of $0.41. The 50-Day Moving Average of the stock is -11.53%, while the 200-Day Moving Average is calculated to be -25.56%.

Shares Statistics:

SBET traded an average of 678.23K shares per day over the past three months and 340870 shares per day over the past ten days. A total of 3.59M shares are outstanding, with a floating share count of 2.85M. Insiders hold about 20.38% of the company’s shares, while institutions hold 3.02% stake in the company. Shares short for SBET as of 1730332800 were 18705 with a Short Ratio of 0.17, compared to 1727654400 on 21305. Therefore, it implies a Short% of Shares Outstanding of 18705 and a Short% of Float of 0.5499999999999999.

Earnings Estimates

The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.

Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.

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