Lottery.com (NASDAQ:LTRY) Downgraded to Sell Rating by Wall Street Zen

Wall Street Zen lowered shares of Lottery.com (NASDAQ:LTRY) from a hold rating to a sell rating in a report published on Thursday morning.

Lottery.com Price Performance

Shares of NASDAQ LTRY opened at $1.60 on Thursday. The stock has a fifty day moving average price of $0.89 and a 200 day moving average price of $0.74. Lottery.com has a 1-year low of $0.22 and a 1-year high of $2.33. The company has a market cap of $30.18 million, a PE ratio of -0.16 and a beta of 1.01.

Lottery.com (NASDAQ:LTRY) last released its quarterly earnings data on Wednesday, May 21st. The company reported ($0.14) earnings per share (EPS) for the quarter. The business had revenue of $0.22 million during the quarter. Lottery.com had a negative return on equity of 88.86% and a negative net margin of 594.64%.

Insiders Place Their Bets

In other Lottery.com news, Director Christopher Anderson Gooding sold 40,000 shares of the stock in a transaction on Tuesday, February 25th. The stock was sold at an average price of $1.39, for a total value of $55,600.00. Following the completion of the transaction, the director now owns 276,553 shares in the company, valued at approximately $384,408.67. This represents a 12.64% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Over the last quarter, insiders sold 65,000 shares of company stock worth $93,400. 26.28% of the stock is owned by corporate insiders.

Lottery.com Company Profile

Lottery.com Inc, a digital publisher, provides lottery data results, jackpots, results, and other data. The company delivers daily results of approximately 800 domestic and international lottery games from 40 countries, including the United States, Canada, and the United Kingdom to 400 digital publishers and media organizations.