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Does Lottery.com Inc. (NASDAQ: LTRY) Still Look Attractive After A -10.51% Selloff Last Week?

During the recent session, Lottery.com Inc. (NASDAQ:LTRY)’s traded shares were 0.94 million. At the last check today, the stock’s price was $0.32, reflecting an intraday loss of -20.90% or -$0.09. The 52-week high for the LTRY share is $1.90, that puts it down -493.75 from that peak though still a striking 53.12% gain since the share price plummeted to a 52-week low of $0.15. The company’s market capitalization is $20.72M, and the average intraday trading volume over the past 10 days was 1.25 million shares, and the average trade volume was 481.92K shares over the past three months.

Lottery.com Inc. (LTRY) received a consensus recommendation of a Buy from analysts. That translates to a mean rating of 2.00. LTRY has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be $0.

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Lottery.com Inc. (NASDAQ:LTRY) trade information

Lottery.com Inc. (LTRY) registered a -20.90% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -20.90% in intraday trading to $0.32 this Wednesday, 05/24/23, hitting a weekly high. The stock’s 5-day price performance is -10.51%, and it has moved by -36.13% in 30 days. Based on these gigs, the overall price performance for the year is -74.18%. The short interest in Lottery.com Inc. (NASDAQ:LTRY) is 0.59 million shares and it means that shorts have 1.39 day(s) to cover.

The consensus price target of analysts on Wall Street is $14.00, which implies an increase of 97.71% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $14.00 and $14.00 respectively. As a result, LTRY is trading at a discount of -4275.0% off the target high and -4275.0% off the low.

Lottery.com Inc. (LTRY) estimates and forecasts

In the rating firms’ projections, revenue will increase 138.20% compared to the previous financial year.

Revenue for the current quarter is expected to be $44.28 million as predicted by 1 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to $46.08 million by the end of Sep 2022.

LTRY Dividends

Lottery.com Inc. is due to release its next quarterly earnings on May 16. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Lottery.com Inc. (NASDAQ:LTRY)’s Major holders

Lottery.com Inc. insiders own 55.66% of total outstanding shares while institutional holders control 7.30%, with the float percentage being 16.47%. Vanguard Group, Inc. (The) is the largest shareholder of the company, while 36 institutions own stock in it. As of Mar 30, 2023, the company held over 1.29 million shares (or 2.54% of all shares), a total value of $0.36 million in shares.

The next largest institutional holding, with 0.51 million shares, is of Blackrock Inc.’s that is approximately 1.01% of outstanding shares. At the market price on Mar 30, 2023, these shares were valued at $0.14 million.

Also, the Mutual Funds coming in first place with the largest holdings of Lottery.com Inc. (LTRY) shares are Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund. Data provided on Dec 30, 2022 indicates that Vanguard Total Stock Market Index Fund owns about 0.82 million shares. This amounts to just over 1.61 percent of the company’s overall shares, with a $0.14 million market value. The same data shows that the other fund manager holds slightly less at 0.46 million, or about 0.90% of the stock, which is worth about $80898.0.

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