Insider Selling: PointsBet (ASX:PBH) Insider Sells 50,000 Shares of Stock

PointsBet Holdings Limited (ASX:PBH) insider William Grounds sold 50,000 shares of the business’s stock in a transaction dated Monday, August 11th. The shares were sold at an average price of A$1.25, for a total value of A$62,500.00.

PointsBet Price Performance

The company has a quick ratio of 4.89, a current ratio of 0.81 and a debt-to-equity ratio of 11.66. The company has a market cap of $286.94 million, a PE ratio of -6.65, a PEG ratio of 23.40 and a beta of 2.47.

About PointsBet

PointsBet Holdings Limited provides sports, racing, and iGaming betting products and services through its cloud-based technology platform in Australia. The company operates through Australian Trading, Canada Trading, and Technology segments. It also engages in the provision of gaming support, pari-mutuel advanced deposit wagering, and business-to-business services, as well as in the retail sports betting and software development activities.