SharpLink Gaming Inc [NASDAQ: SBET] stock went on an upward path that rose over 17.15% on Friday, amounting to a one-week price increase of more than 71.01%.
Over the last 12 months, SBET stock rose by 180.06%.
The market cap for the stock reached $1.40 billion, with 64.65 million shares outstanding and 64.21 million shares in the current float. Compared to the average trading volume of 9.99M shares, SBET stock reached a trading volume of 54143705 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on SharpLink Gaming Inc [SBET]:
The Price to Book ratio for the last quarter was 5.97, with the Price to Cash per share for the same quarter was set at 0.02.
SBET Stock Performance Analysis:
SharpLink Gaming Inc [SBET] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 71.01. With this latest performance, SBET shares dropped by -36.29% in over the last four-week period, additionally plugging by 184.57% over the last 6 months – not to mention a rise of 180.06% in the past year of trading.
Insight into SharpLink Gaming Inc Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and SharpLink Gaming Inc [SBET] shares currently have an operating margin of -116.79% and a Gross Margin at 21.90%. SharpLink Gaming Inc’s Net Margin is presently recorded at -92.79%.
Return on Equity for this stock declined to -88.80%, with Return on Assets sitting at -88.80%.
SharpLink Gaming Inc [SBET] Institutonal Ownership Details
There are presently around $7.75%, or 7.95% of SBET stock, in the hands of institutional investors.
