SharpLink Gaming Ltd. (SBET) is priced at $4.98 after the most recent trading session. At the very opening of the session, the stock price was $5.43 and reached a high price of $5.45, prior to closing the session it reached the value of $5.49. The stock touched a low price of $4.88.Recently in News on September 8, 2021, Minnesota Vikings Team with SharpLink Gaming to Offer NFL Fans Free Fantasy-Style “Pass or Play” Mobile Gaming Experience. SharpLink Gaming Ltd. (Nasdaq: SBET) (“SharpLink” or the “Company”), a pioneer of game-changing technological solutions and experienced-based services for the U.S. online sports betting industry, today announced that the NFL’s Minnesota Vikings have again teamed with SharpLink to provide its valued super fans with a fun, free-to-play, fantasy-style online game called Pass or Play. You can read further details here
SharpLink Gaming Ltd. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $17.88 on 07/12/21, with the lowest value was $3.02 for the same time period, recorded on 01/04/21.
SharpLink Gaming Ltd. (SBET) full year performance was 111.02%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, SharpLink Gaming Ltd. shares are logging -72.15% during the 52-week period from high price, and 146.53% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $2.02 and $17.88.
The company’s shares, operating in the sector of Consumer Cyclical managed to top a trading volume set approximately around 1292967 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the SharpLink Gaming Ltd. (SBET) recorded performance in the market was 60.65%, having the revenues showcasing -18.63% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 76.49M, as it employees total of 58 workers.
Specialists analysis on SharpLink Gaming Ltd. (SBET)
During the last month, 0 analysts gave the SharpLink Gaming Ltd. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 6.11, with a change in the price was noted -1.04. In a similar fashion, SharpLink Gaming Ltd. posted a movement of -17.28% for the period of last 100 days, recording 1,330,887 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for SBET is recording 0.00 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.
Trends and Technical analysis: SharpLink Gaming Ltd. (SBET)
Raw Stochastic average of SharpLink Gaming Ltd. in the period of last 50 days is set at 4.73%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 23.88%. In the last 20 days, the company’s Stochastic %K was 39.92% and its Stochastic %D was recorded 49.96%.
Now, considering the stocks previous presentation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 60.65%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -4.60%, alongside a boost of 111.02% for the period of the last 12 months. The shares increased approximately by -20.70% in the 7-day charts and went down by -16.30% in the period of the last 30 days. Common stock shares were lifted by -18.63% during last recorded quarter.