Does Lottery.com Inc (NASDAQ:LTRY) presents a BIG investment opportunity?

Stocks of Lottery.com Inc (NASDAQ:LTRY) traded higher last session on Wall Street, down -16.63% to $0.49.

LTRY stock price is now 29.35% away from the 50-day moving average and -44.08% away from the 200-day moving average. The market capitalization of the company currently stands at $5.87M.

In other news, MCGAHAN MATTHEW HOWARD, Officer bought 115,000 shares of the company’s stock on Jan 24 ’25. The stock was bought for $37,720 at an average price of $0.33. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 23 ’24, Director MCGAHAN MATTHEW HOWARD sold 80,000 shares of the business’s stock. A total of $33,200 was realized by selling the stock at an average price of $0.41. This leaves the insider owning 1,021,487 shares of the company worth $0.5 million. A total of 44.75% of the company’s stock is owned by insiders.

During the past 12 months, Lottery.com Inc has had a low of $0.22 and a high of $3.56. As of last week, the company has a debt-to-equity ratio of 0.25, a current ratio of 0.67, and a quick ratio of 0.67. The fifty day moving average price for LTRY is $0.37522 and a two-hundred day moving average price translates $0.883585 for the stock.

The latest earnings results from Lottery.com Inc (NASDAQ: LTRY) was released for 2024-06-30. The net profit margin was -562.27% and return on equity was -91.93% for LTRY. The company reported revenue of $0.26 million for the quarter, compared to $0.66 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -60.76 percent.

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