Lottery.com Inc (NASDAQ:LTRY) price closed lower on Tuesday, February 25, and dropping -1.47% below its previous close.
A look at the daily price movement shows that the last close reads $1.36. Taking into account the 52-week price action we note that the stock hit a 52-week high of $2.82 and 52-week low of $0.22. The stock added 305.57% on its value in the past month.
Lottery.com Inc, which has a market valuation of $16.19 million, is expected to release its quarterly earnings report in March.
Technical indicators in stocks provide crucial insights into market trends, guiding investors with precise entry and exit points based on price movements for informed decision-making.On the technical perspective front, indicators give LTRY a short term outlook of 100% Buy on average. Looking at the stock’s medium term indicators we note that it is averaging as a 50% Buy, while an average of long term indicators are currently assigning the stock as 50% Buy.
The overview shows that LTRY’s price is at present 20.68% off the SMA20 and 95.90% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 56.20, with weekly volatility standing at 25.57%. The indicator jumps to 40.13% when calculated based on the past 30 days. Lottery.com Inc (NASDAQ:LTRY)’s beta value is holding at 0.76, while the average true range (ATR) indicator is currently reading 0.32.
An analysis of the Lottery.com Inc (NASDAQ:LTRY) stock in terms of its daily trading volume indicates that the 3-month average is 10.05 million.
Current records show that the company has 10.12M in outstanding shares. The insiders’ percentage holdings are 37.95% of outstanding shares while the percentage share held by institutions stands at 3.58%. But the 176.86% upside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
