SharpLink Gaming Inc [NASDAQ: SBET] gained 12.65% or 0.04 points to close at $0.33 with a heavy trading volume of 6497701 shares.
The daily chart for SBET points out that the company has recorded -54.68% loss over the past six months.
If we look at the average trading volume of 1.62M shares, SBET reached to a volume of 6497701 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about SharpLink Gaming Inc [SBET]:
The Average True Range (ATR) for SharpLink Gaming Inc is set at 0.05, with the Price to Sales ratio for SBET stock in the period of the last 12 months amounting to 0.62. The Price to Book ratio for the last quarter was 0.77, with the Price to Cash per share for the same quarter was set at 0.21.
Trading performance analysis for SBET stock
SharpLink Gaming Inc [SBET] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 10.37. With this latest performance, SBET shares dropped by -23.77% in over the last four-week period, additionally sinking by -54.68% over the last 6 months – not to mention a drop of -77.08% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for SBET stock in for the last two-week period is set at 44.79, with the RSI for the last a single of trading hit 50.36, and the three-weeks RSI is set at 42.89 for SharpLink Gaming Inc [SBET]. The present Moving Average for the last 50 days of trading for this stock 0.4067, while it was recorded at 0.2960 for the last single week of trading, and 0.6157 for the last 200 days.
SharpLink Gaming Inc [SBET]: A deeper dive into fundamental analysis
SharpLink Gaming Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 5.23 and a Current Ratio set at 5.23.
An analysis of Institutional ownership at SharpLink Gaming Inc [SBET]
There are presently around $4.79%, or 5.24%% of SBET stock, in the hands of institutional investors.
