PointsBet (OTCMKTS:PBTHF) Trading Down 40% – What’s Next?

PointsBet Holdings Limited (OTCMKTS:PBTHFGet Free Report) traded down 40% on Monday . The stock traded as low as $0.60 and last traded at $0.60. 315 shares were traded during trading, a decline of 87% from the average session volume of 2,451 shares. The stock had previously closed at $1.00.

PointsBet Price Performance

The business has a 50-day simple moving average of $0.67 and a two-hundred day simple moving average of $0.62.

About PointsBet

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PointsBet Holdings Limited provides sports, racing, and iGaming betting products and services through its cloud-based technology platform in Australia. The company operates through Australian Trading, Canada Trading, and Technology segments. It also engages in the provision of gaming support, pari-mutuel advanced deposit wagering, and business-to-business services, as well as in the retail sports betting and software development activities.

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