In yesterday’s Wall Street session, Super Group (SGHC) Limited (NYSE:SGHC) shares traded at $2.97, down -7.19% from the previous session.
SGHC stock price is now -7.42% away from the 50-day moving average and -41.07% away from the 200-day moving average. The market capitalization of the company currently stands at $1.59B.
On April 22, 2022, Canaccord Genuity recently initiated its ‘Buy’ rating on the stock quoting a target price of $14, while ‘Needham’ rates the stock as ‘Buy’.
A total of 67.63% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in SGHC stock. A new stake in Super Group (SGHC) Limited shares was purchased by IONIC CAPITAL MANAGEMENT LLC during the first quarter worth $167,000. Y-INTERCEPT (HONG KONG) LTD invested $44,000 in shares of SGHC during the first quarter. In the first quarter, MARINER, LLC acquired a new stake in Super Group (SGHC) Limited valued at approximately $38,000. UBS GROUP AG acquired a new stake in SGHC for approximately $3,000. In total, there are 38 active investors with 3.00% ownership of the company’s stock.
On Friday morning Super Group (SGHC) Limited (NYSE: SGHC) stock kicked off with the opening price of $3.2200. During the past 12 months, Super Group (SGHC) Limited has had a low of $2.57 and a high of $11.09. As of last week, the company has a debt-to-equity ratio of 0.03, a current ratio of 1.40, and a quick ratio of 1.40. The fifty day moving average price for SGHC is $3.1972 and a two-hundred day moving average price translates $5.0010 for the stock.
The latest earnings results from Super Group (SGHC) Limited (NYSE: SGHC) was released for Jun, 2022. According to the Gambling Company, earnings per share came in at $0.09, missing analysts’ expectations of $0.1 by -0.01. This compares to -$0.72 EPS in the same period last year. For the current quarter, analysts expect SGHC to generate $268.9M in revenue.
Super Group (SGHC) Limited(SGHC) Company Profile
Super Group (SGHC) Limited operates as an online sports betting and gaming operator. It offers Betway, an online sports betting brand; and Spin, a multi-brand online casino offering. The company is based in Saint Peter Port, Guernsey.