The price of Elys Game Technology Corp. (NASDAQ:ELYS) shares last traded on Wall Street fell -6.07% to $0.26.
Based on available information, 2 analysts follow Elys Game Technology Corp. (NASDAQ:ELYS). The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $2.00 and a low of $2.00, we find $2.00. Given the previous closing price of $0.28, this indicates a potential upside of 614.29 percent. ELYS stock price is now -36.12% away from the 50-day moving average and -78.93% away from the 200-day moving average. The market capitalization of the company currently stands at $8.07M.
Among analysts, 0 rate the stock a hold while 2 rate it a buy. Brokers who have rated the stock have averaged $2.00 as their price target over the next twelve months.
With the price target of $10, Maxim Group recently initiated with Buy rating for Elys Game Technology Corp. (NASDAQ: ELYS).
In other news, SALERNO VICTOR J, Director bought 3,000 shares of the company’s stock on Dec 20. The stock was bought for $9,840 at an average price of $3.28. Upon completion of the transaction, the Director now directly owns 869,759 shares in the company, valued at $0.23 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 15, Director SALERNO VICTOR J bought 3,000 shares of the business’s stock. A total of $9,450 was incurred on buying the stock at an average price of $3.15. This leaves the insider owning 866,759 shares of the company worth $0.23 million. A total of 4.50% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in ELYS stock. A new stake in Elys Game Technology Corp. shares was purchased by JANE STREET GROUP, LLC during the first quarter worth $9,000. VIRTU FINANCIAL LLC invested $6,000 in shares of ELYS during the first quarter. In the first quarter, CITADEL ADVISORS LLC acquired a new stake in Elys Game Technology Corp. valued at approximately $6,000. COASTAL BRIDGE ADVISORS, LLC acquired a new stake in ELYS for approximately $3,000.
During the past 12 months, Elys Game Technology Corp. has had a low of $0.27 and a high of $4.28. As of last week, the company has a debt-to-equity ratio of 0.03, a current ratio of 1.20, and a quick ratio of 1.20.
The net profit margin was -42.70% and return on equity was -95.40% for ELYS. The company reported revenue of $9.59 million for the quarter, compared to $8.03 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 19.44 percent.