SharpLink Gaming Inc (NASDAQ:SBET) price on Friday, April 11, fall -13.16% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $0.25.
A look at the stock’s price movement, the close in the last trading session was $0.28, moving within a range at $0.2407 and $0.283. The beta value (5-Year monthly) was 1.365. Turning to its 52-week performance, $1.47 and $0.19 were the 52-week high and 52-week low respectively. Overall, SBET moved -31.59% over the past month.
SharpLink Gaming Inc’s market cap currently stands at around $1.70 million, with investors looking forward to this quarter’s earnings report slated for on 1997-Nov-12.
Turning to the stock’s technical picture we see that short term indicators suggest on average that SBET is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
SBET’s current price about -14.77% and -34.77% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 38.12, while 7-day volatility ratio is 19.95% and 16.23% in the 30-day chart. Further, SharpLink Gaming Inc (SBET) has a beta value of 1.34, and an average true range (ATR) of 0.05.
If we refocus on SharpLink Gaming Inc (NASDAQ:SBET), historical trading data shows that trading volumes averaged 2.31 over the past 10 days and 1.84 million over the past 3 months. The company’s latest data on shares outstanding shows there are 6.90 million shares.
The 10.89% of SharpLink Gaming Inc’s shares are in the hands of company insiders while institutional holders own 3.12% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 45191.0 on 2025-03-14, giving us a short ratio of 0.05. The data shows that as of 2025-03-14 short interest in SharpLink Gaming Inc (SBET) stood at 69.0 of shares outstanding, with shares short falling to 0.14 million registered in 2025-02-14. Current price change has pushed the stock -61.70% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the SBET stock continues to rise going into the next quarter.
