Stock Traders Purchase High Volume of Elys Game Technology Put Options (NASDAQ:ELYS)

Elys Game Technology, Corp. (NASDAQ:ELYSGet Rating) was the target of unusually large options trading activity on Wednesday. Investors bought 542 put options on the stock. This represents an increase of approximately 885% compared to the average daily volume of 55 put options.

Several institutional investors and hedge funds have recently modified their holdings of ELYS. Resources Investment Advisors LLC. bought a new position in shares of Elys Game Technology in the fourth quarter valued at about $30,000. Royal Bank of Canada raised its position in shares of Elys Game Technology by 42.0% in the second quarter. Royal Bank of Canada now owns 7,951 shares of the company’s stock valued at $32,000 after purchasing an additional 2,351 shares during the period. GSA Capital Partners LLP bought a new position in shares of Elys Game Technology in the fourth quarter valued at about $39,000. State Street Corp bought a new position in shares of Elys Game Technology in the first quarter valued at about $42,000. Finally, Northern Trust Corp bought a new position in shares of Elys Game Technology in the first quarter valued at about $65,000. 1.42% of the stock is currently owned by institutional investors.

Several brokerages recently commented on ELYS. Maxim Group reduced their target price on shares of Elys Game Technology from $10.00 to $8.00 and set a “buy” rating for the company in a report on Thursday, April 14th. HC Wainwright reduced their target price on shares of Elys Game Technology from $8.00 to $5.00 in a report on Monday, May 2nd.

Shares of ELYS stock opened at $1.18 on Thursday. The stock has a market cap of $27.94 million, a P/E ratio of -1.76 and a beta of 4.45. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.16 and a quick ratio of 1.16. The company has a fifty day moving average price of $1.97 and a two-hundred day moving average price of $2.81. Elys Game Technology has a one year low of $1.07 and a one year high of $6.72.

Elys Game Technology (NASDAQ:ELYSGet Rating) last issued its quarterly earnings data on Tuesday, April 19th. The company reported ($0.91) earnings per share for the quarter. The company had revenue of $11.67 million during the quarter. Elys Game Technology had a negative net margin of 33.07% and a negative return on equity of 115.52%. As a group, equities research analysts anticipate that Elys Game Technology will post -0.29 EPS for the current fiscal year.

Elys Game Technology Company Profile (Get Rating)

Elys Game Technology, Corp. provides online and land-based gaming services in Europe and North America. It offers leisure betting products, including lottery, casino gaming, sports betting, online casino games, poker, bingo, virtual sports betting, and horse racing, as well as skilled and interactive games and slots; and operates betting platform software services for leisure betting establishments.

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