Lottery.com (NASDAQ:SEGG) Posts Earnings Results

Lottery.com (NASDAQ:SEGG) issued its quarterly earnings results on Monday. The company reported ($1.32) earnings per share for the quarter, Zacks reports. The firm had revenue of $3.23 million for the quarter. Lottery.com had a negative return on equity of 53.53% and a negative net margin of 1,329.70%.

Lottery.com Trading Up 45.1%

Shares of NASDAQ SEGG opened at $1.93 on Tuesday. The company has a market cap of $6.58 million, a price-to-earnings ratio of -0.11 and a beta of 2.55. Lottery.com has a 12 month low of $1.12 and a 12 month high of $32.55. The stock has a 50-day moving average price of $2.30 and a two-hundred day moving average price of $6.00.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on SEGG shares. Weiss Ratings reissued a “sell (e+)” rating on shares of Lottery.com in a research note on Friday. Wall Street Zen cut Lottery.com from a “sell” rating to a “strong sell” rating in a research note on Sunday, July 12th. One equities research analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, the stock presently has an average rating of “Sell”.

Lottery.com Company Profile

Lottery.com is a digital lottery and gaming technology company that provides consumers with access to lottery products through online platforms and mobile applications. Its services have included the purchase of official lottery tickets through licensed courier or retail partners, access to lottery results and draw information, and tools for tracking and managing lottery activity.

The company has historically focused on serving customers in the United States, while also developing technology and partnerships intended to support international lottery and gaming markets.