PointsBet Holdings Limited (OTCMKTS:PBTHF – Get Free Report)’s stock price rose 161.6% during trading on Tuesday. The stock traded as high as $0.50 and last traded at $0.50. Approximately 600 shares changed hands during mid-day trading, a decline of 90% from the average daily volume of 5,777 shares. The stock had previously closed at $0.1911.
PointsBet Price Performance
The firm has a 50 day moving average of $0.65 and a two-hundred day moving average of $0.61.
About PointsBet
PointsBet Holdings Limited is an Australian-founded online wagering company that operated the PointsBet sportsbook brand. The company provided fixed-odds betting on professional and collegiate sports, horse racing and other sporting events through digital platforms, with betting available through websites and mobile applications.
PointsBet was established in Melbourne and expanded internationally, serving customers in Australia and, historically, the United States and Canada. Its platform was known for traditional sports wagers as well as PointsBetting, a form of wagering in which payouts can increase or decrease based on the final margin or outcome of an event.
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