Is SharpLink Gaming Inc’s (NASDAQ: SBET) -73.02% Loss This Week Telling Us Something New?

During the last session, SharpLink Gaming Inc (NASDAQ:SBET)’s traded shares were 18.16 million, with the beta value of the company hitting 9.93. At the end of the trading day, the stock’s price was $10.00, reflecting an intraday loss of -16.32% or -$1.95. The 52-week high for the SBET share is $124.12, that puts it down -1141.2 from that peak though still a striking 77.4% gain since the share price plummeted to a 52-week low of $2.26. The company’s market capitalization is $609.07M, and the average intraday trading volume over the past 10 days was 15.4 million shares, and the average trade volume was 3.95 million shares over the past three months.

SharpLink Gaming Inc (NASDAQ:SBET) trade information

SharpLink Gaming Inc (SBET) registered a -16.32% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -16.32% in intraday trading to $10.00, hitting a weekly high. The stock’s 5-day price performance is -73.02%, and it has moved by 241.30% in 30 days. Based on these gigs, the overall price performance for the year is -0.79%. The short interest in SharpLink Gaming Inc (NASDAQ:SBET) is 0.43 million shares and it means that shorts have 0.1 day(s) to cover.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -19.77%.

SBET Dividends

SharpLink Gaming Inc is due to release its next quarterly earnings in July. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

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

SharpLink Gaming Inc insiders own 2.57% of total outstanding shares while institutional holders control 8.08%, with the float percentage being 8.29%.

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