Lottery.com Inc (LTRY): Are Investors Missing The Big Picture?

Lottery.com Inc (NASDAQ:LTRY) does about 10.05M shares in volume on a normal day but saw 1324026 shares change hands in the recent trading day. The company now has a market cap of 16.19M USD. Its current market price is $1.34, marking a decrease of -1.47% compared to the previous close of $1.36. The 52 week high reached by this stock is $2.82 whilst the lowest price level in 52 weeks is $0.22.

Lottery.com Inc (LTRY) has a 20-day trading average at $1.1105 and the current price is -52.48% off the 52-week high compared with 508.54% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.6841 and its 200-day simple moving average is $0.8556. If we look at the stock’s price movements over the week, volatility stands at 25.57%, which increases to 40.13% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 56.20 to suggest the stock is neutral.

The consensus objective for the share price is $280.00, suggesting that the stock has a potential upside of 99.52% over the period.

The current price level is 20.68%, 95.90%, and 56.62% away from its SMA20, SMA50, and SMA200 respectively, with the LTRY price moving below the 50-day SMA on current market day. Lottery.com Inc (LTRY) stock is down -10.67% over the week and 305.57% over the past month. Its price is 176.86% year-to-date and -42.49% over the past year.

The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.

To reach the target analysts have set, the stock logically needs to grow 99.52 percent from here.

Outstanding shares total 10.12M with insiders holding 25.33% of the shares and institutional holders owning 3.61% of the company’s common stock. The company has a return on investment of -134.49% and return on equity of -91.93%. The beta has a value of 0.76. Price to book ratio is 0.53 and price to sales ratio is 2.64.