Future Outlook And Stock Price Performance For SharpLink Gaming Inc (NASDAQ: SBET)

In the last trading session, 99445.0 shares of the SharpLink Gaming Inc (NASDAQ:SBET) were traded, and its beta was 1.17. Most recently the company’s share price was $0.50, and it changed around -$0.02 or -3.96% from the last close, which brings the market valuation of the company to $1.78M. SBET currently trades at a discount to its 52-week high of $2.18, offering almost -336.0% off that amount. The share price’s 52-week low was $0.41, which indicates that the current value has risen by an impressive 18.0% since then. We note from SharpLink Gaming Inc’s average daily trading volume that its 10-day average is 0.21 million shares, with the 3-month average coming to 705.00K.

SharpLink Gaming Inc (NASDAQ:SBET) trade information

Instantly SBET has showed a red trend with a performance of -3.96% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 0.6114 on recent trading dayincreased the stock’s daily price by 18.22%. The company’s shares are currently down -23.08% year-to-date, but still down -17.54% over the last five days. On the other hand, SharpLink Gaming Inc (NASDAQ:SBET) is -35.83% down in the 30-day period. We can see from the shorts that 18705.0 shares have been sold at a short interest cover period of 0.59 day(s).

Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 12.32%.

SBET Dividends

SharpLink Gaming Inc’s next quarterly earnings report is expected to be released in February.

SharpLink Gaming Inc (NASDAQ:SBET)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 15.89% of SharpLink Gaming Inc shares, and 3.09% of them are in the hands of institutional investors. The stock currently has a share float of 3.67%.

Fidelity Extended Market Index Fund and Fidelity Series Total Market Index Fund were the top two Mutual Funds as of Nov 30, 2024 . The former held 16.1 shares worth $7976.0, making up 0.45% of all outstanding shares. On the other hand, Fidelity Series Total Market Index Fund held roughly 632.0 shares worth around $313.0, which represents about 0.02% of the total shares outstanding.