SharpLink Gaming Inc (NASDAQ: SBET) Now $0.41 Higher From Its Low (0.2), Does It Still Have A Growth Story?

SharpLink Gaming Inc (NASDAQ:SBET) currently has a daily average trading volume of 678.23K but it saw 113452 shares traded in last market. With a market cap of 2.18M USD, the company’s current market price of $0.61 came falling about -3.94 while comparing to the previous closing price of $0.63. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.18 and as low as $0.41. In the recent trading on the day, stock has struck highest price mark of $0.6015 while lowest mark touched by it was $0.65.

Taking a look at 20-day trading activity of SharpLink Gaming Inc (SBET) gives us an average price of $0.7296, while its current price level is -72.06% below from 52-week high level whereas it is 47.71% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.6884 while that of 200 days or SMA-200 reads an average of $0.8181. A closer look into the stock’s movement over the week reveals that its volatility is standing at 10.73% during that period while stretching the period over a month that increases to 14.07%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 41.59 which implies that the stock is in neutral territory.

Over the week, SBET’s stock price is moving -5.46% down while it is -35.21% when we observe its performance for the past one month. Year-to-date it is -5.46% down and over the past year, the stock is showing a downside performance of -57.41%.

Currently, SharpLink Gaming Inc’s total number of outstanding shares is 3.59M. Stock’s beta reads 1.17. Stock has a price to book (P/B) ratio of 1.08.