Motorsport Games Inc (NASDAQ: MSGM) – Analyst View Is Different Today

In the last trading session, 3.44 million shares of the Motorsport Games Inc (NASDAQ:MSGM) were traded, and its beta was 2.06. Most recently the company’s share price was $1.08, and it changed around $0.21 or 24.03% from the last close, which brings the market valuation of the company to $4.19M. MSGM currently trades at a discount to its 52-week high of $3.75, offering almost -247.22% off that amount. The share price’s 52-week low was $0.73, which indicates that the current value has risen by an impressive 32.41% since then. We note from Motorsport Games Inc’s average daily trading volume that its 10-day average is 0.37 million 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 showed a green trend with a performance of 24.03% at the end of last trading. The performance over the last five days has remained in the green territory. The company’s shares are currently down -19.40% year-to-date, but still up 31.55% over the last five days. On the other hand, Motorsport Games Inc (NASDAQ:MSGM) is -10.00% 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 $11489.0, 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 $8799.0, which represents about 0.26% of the total shares outstanding.