Lottery.com (NASDAQ:SEGG) Announces Earnings Results

Lottery.com (NASDAQ:SEGG – Get Free Report) released its quarterly earnings results on Monday. The company reported ($1.32) earnings per share for the quarter, Zacks reports. Lottery.com had a negative net margin of 1,329.70% and a negative return on equity of 53.53%. The firm had revenue of $3.23 million for the quarter.

Lottery.com Price Performance

Shares of NASDAQ:SEGG traded down $0.45 on Wednesday, hitting $1.68. 1,280,398 shares of the company’s stock were exchanged, compared to its average volume of 809,003. Lottery.com has a 12 month low of $1.12 and a 12 month high of $32.55. The business’s 50 day simple moving average is $2.30 and its two-hundred day simple moving average is $5.98. The stock has a market capitalization of $5.73 million, a price-to-earnings ratio of -0.10 and a beta of 2.52.

Analysts Set New Price Targets

Several analysts have recently issued reports on SEGG shares. Weiss Ratings restated a “sell (e+)” rating on shares of Lottery.com in a research report on Friday. Wall Street Zen cut Lottery.com from a “sell” rating to a “strong sell” rating in a research note on Sunday, July 12th. One research analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, Lottery.com has a consensus rating of “Sell”.

Read Our Latest Research Report on Lottery.com

About Lottery.com

(Get Free Report)

Lottery.com is a digital lottery and gaming technology company that provides consumers with access to lottery products through online platforms and mobile applications. Its services have included the purchase of official lottery tickets through licensed courier or retail partners, access to lottery results and draw information, and tools for tracking and managing lottery activity.

The company has historically focused on serving customers in the United States, while also developing technology and partnerships intended to support international lottery and gaming markets.

See Also

Earnings History for Lottery.com (NASDAQ:SEGG)

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