Lottery.com (NASDAQ:LTRY) Shares Down 5.3% – Time to Sell?

Lottery.com Inc. (NASDAQ:LTRYGet Free Report)’s share price was down 5.3% during trading on Monday . The company traded as low as $0.63 and last traded at $0.67. Approximately 64,814 shares traded hands during trading, a decline of 98% from the average daily volume of 2,614,994 shares. The stock had previously closed at $0.70.

Lottery.com Trading Down 5.3 %

The firm has a 50-day moving average of $1.06 and a two-hundred day moving average of $0.67. The firm has a market capitalization of $8.54 million, a P/E ratio of -0.07 and a beta of 0.89.

Insider Activity

In related news, Director Matthew Howard Mcgahan sold 115,000 shares of the firm’s stock in a transaction on Wednesday, January 22nd. The stock was sold at an average price of $0.35, for a total transaction of $40,250.00. Following the sale, the director now owns 906,487 shares of the company’s stock, valued at $317,270.45. This trade represents a 11.26 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Christopher Anderson Gooding sold 40,000 shares of the company’s stock in a transaction dated Tuesday, February 25th. The stock was sold at an average price of $1.39, for a total value of $55,600.00. Following the completion of the transaction, the director now directly owns 276,553 shares of the company’s stock, valued at approximately $384,408.67. The trade was a 12.64 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 200,000 shares of company stock worth $158,250. Corporate insiders own 26.28% of the company’s stock.

About Lottery.com

(Get Free Report)

Lottery.com Inc, a digital publisher, provides lottery data results, jackpots, results, and other data. The company delivers daily results of approximately 800 domestic and international lottery games from 40 countries, including the United States, Canada, and the United Kingdom to 400 digital publishers and media organizations.

Further Reading

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