In today’s recent session, 3.0 million shares of the Motorsport Games Inc (NASDAQ:MSGM) have been traded, and its beta is 2.06. Most recently the company’s share price was $0.99, and it changed around $0.12 or 13.68% from the last close, which brings the market valuation of the company to $3.84M. MSGM at last check was trading at a discount to its 52-week high of $3.75, offering almost -278.79% off that amount. The share price’s 52-week low was $0.73, which indicates that the recent value has risen by an impressive 26.26% since then. We note from Motorsport Games Inc’s average daily trading volume that its 10-day average is 28320.0 shares, with the 3-month average coming to 27.38K.
Motorsport Games Inc stock received a consensus recommendation rating of Hold, based on a mean score of 3.00. If we narrow it down even further, the data shows that 0 out of 2 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 2 recommended MSGM as a Hold, whereas 0 deemed it a Buy, and 0 rated it as Underweight. Motorsport Games Inc is expected to report earnings per share of 0 for the current quarter.
Motorsport Games Inc (NASDAQ:MSGM) trade information
Instantly MSGM has been showing a green trend so far today with a performance of 13.68% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 0.9500 on recent trading daydecreased the stock’s daily price by -4.21%. The company’s shares are currently down -26.13% year-to-date, but still up 20.57% over the last five days. On the other hand, Motorsport Games Inc (NASDAQ:MSGM) is -17.51% down in the 30-day period. We can see from the shorts that 15341.0 shares have been sold at a short interest cover period of 0.67 day(s).
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 14.34%.
MSGM Dividends
Motorsport Games Inc’s next quarterly earnings report is expected to be released on 2024-Aug-08.
Motorsport Games Inc (NASDAQ:MSGM)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 50.05% of Motorsport Games Inc shares, and 3.54% of them are in the hands of institutional investors. The stock currently has a share float of 7.08%.
VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund and Fidelity Concord Street Trust-Fidelity Extended Market Index Fund were the top two Mutual Funds as of Dec 31, 2024 . The former held 10.64 shares worth $11169.0, making up 0.33% of all outstanding shares. On the other hand, Fidelity Concord Street Trust-Fidelity Extended Market Index Fund held roughly 8.15 shares worth around $8555.0, which represents about 0.26% of the total shares outstanding.
