Shares of Kambi Group plc (OTCMKTS:KMBIF – Get Free Report) rose 17.5% on Wednesday . The stock traded as high as C$18.80 and last traded at C$18.80. 300 shares changed hands during trading, a decline of 53% from the average session volume of 645 shares. The stock had previously closed at C$16.00.
Wall Street Analyst Weigh In
Separately, Jefferies Financial Group restated a “hold” rating on shares of Kambi Group in a research report on Wednesday, July 29th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, Kambi Group has an average rating of “Hold”.
View Our Latest Research Report on Kambi Group
Kambi Group Stock Performance
About Kambi Group
Kambi Group plc is a global business‐to‐business provider of premium sports betting services to licensed gaming operators. The company develops and delivers a fully managed sportsbook platform that includes front‐office user interfaces, back‐office risk management, pricing tools, customer intelligence and data analytics. Through proprietary technology and in‐house trading expertise, Kambi aims to offer flexible, scalable solutions that enable its operator clients to launch and operate sports betting products across multiple channels.
Founded in 2010 as a spin‐off from Unibet Group, Kambi made its public debut on Nasdaq Stockholm and has since expanded its footprint through strategic partnerships and licensing agreements.
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