PointsBet Holdings Limited (OTCMKTS:PBTHF – Get Free Report) shares traded down 14.2% on Monday. The company traded as low as $0.2824 and last traded at $0.6690. 1,775 shares were traded during mid-day trading, a decline of 70% from the average session volume of 5,938 shares. The stock had previously closed at $0.78.
PointsBet Stock Performance
The company has a fifty day simple moving average of $0.72 and a 200-day simple moving average of $0.63.
PointsBet Company Profile
PointsBet Holdings Limited is an Australian online sports-betting and gaming company. Through its PointsBet brand, the company provided digital wagering services through websites and mobile applications, offering betting on major professional and collegiate sports as well as selected racing and other events.
Founded in Australia, PointsBet expanded internationally and operated in regulated markets including Australia, Canada and the United States. Its U.S. business offered online sports betting and iGaming products in certain states, subject to local licensing and regulatory requirements.
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