In the latest trading session, 3.14 million Motorsport Games Inc (NASDAQ:MSGM) shares changed hands as the company’s beta touched 2.06. With the company’s most recent per share price at $2.76 changing hands around $0.49 or 21.59% at last look, the market valuation stands at $7.51M. MSGM’s current price is a discount, trading about -215.58% off its 52-week high of $8.71. The share price had its 52-week low at $2.00, which suggests the last value was 27.54% up since then. When we look at Motorsport Games Inc’s average trading volume, we note the 3-month average coming to 234.72K.

Motorsport Games Inc (NASDAQ:MSGM) trade information

Instantly MSGM is in green as seen in intraday trades today. With action 22.67%, the performance over the past five days has been green. The jump to weekly highs of 3.47 added 21.59% to the stock’s daily price. The company’s shares are showing year-to-date downside of -10.68%, with the 5-day performance at 22.67% in the green. However, in the 30-day time frame, Motorsport Games Inc (NASDAQ:MSGM) is 30.81% up.

Motorsport Games Inc (MSGM) estimates and forecasts

Year-over-year growth is forecast to reach -33.10% down from the last financial year.

Consensus estimates given by 1 financial analysts project the company’s revenue in the current quarter to hit an average of 1.75M. 2 analysts are of the opinion that Motorsport Games Inc’s revenue for the current quarter will be 1.74M. The company’s revenue for the corresponding quarters a year ago was 3.77M and 1.73M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -53.70%. The estimates for the next quarter sales put growth at 0.60%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -34.46%. The 2024 estimates are for Motorsport Games Inc earnings to increase by 64.23%.