Lottery.com (NASDAQ:LTRY) Stock Price Down 3.7% – Should You Sell?

Lottery.com Inc. (NASDAQ:LTRY)’s share price fell 3.7% during trading on Monday . The stock traded as low as $0.37 and last traded at $0.37. 82,533 shares traded hands during mid-day trading, a decline of 92% from the average session volume of 1,096,563 shares. The stock had previously closed at $0.38.

Lottery.com Price Performance

The company has a market cap of $3.89 million, a price-to-earnings ratio of -0.04 and a beta of 1.17. The firm has a 50-day moving average price of $0.38 and a 200 day moving average price of $0.63.

Lottery.com (NASDAQ:LTRY) last posted its quarterly earnings data on Monday, December 16th. The company reported ($0.67) earnings per share for the quarter. Lottery.com had a negative return on equity of 88.86% and a negative net margin of 594.64%.

Insiders Place Their Bets

In other Lottery.com news, Director Matthew Howard Mcgahan sold 80,000 shares of Lottery.com stock in a transaction on Monday, December 23rd. The stock was sold at an average price of $0.41, for a total value of $32,800.00. Following the completion of the transaction, the director now directly owns 1,021,487 shares of the company’s stock, valued at $418,809.67. The trade was a 7.26 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 19.90% of the company’s stock.

Lottery.com Company Profile

Lottery.com Inc, a digital publisher, provides lottery data results, jackpots, results, and other data. The company delivers daily results of approximately 800 domestic and international lottery games from 40 countries, including the United States, Canada, and the United Kingdom to 400 digital publishers and media organizations.