Lottery.com (NASDAQ:SEGG) Issues Earnings Results

Lottery.com (NASDAQ:SEGG) released its quarterly earnings data on Thursday. The company reported ($1.19) earnings per share for the quarter, Zacks reports. Lottery.com had a negative return on equity of 85.38% and a negative net margin of 2,484.16%.

Lottery.com Stock Up 5.9%

SEGG opened at $1.43 on Thursday. Lottery.com has a 52 week low of $1.31 and a 52 week high of $26.45. The business has a fifty day simple moving average of $4.03 and a 200-day simple moving average of $8.34. The firm has a market cap of $7.21 million, a P/E ratio of -0.15 and a beta of 1.24.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on SEGG shares. Wall Street Zen raised shares of Lottery.com from a “sell” rating to a “hold” rating in a research report on Sunday, October 12th. Noble Financial began coverage on shares of Lottery.com in a research report on Friday, September 12th. They set an “outperform” rating and a $20.00 price target on the stock. Finally, Weiss Ratings reiterated a “sell (e+)” rating on shares of Lottery.com in a research report on Tuesday, October 14th. One investment analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $20.00.

About Lottery.com

Lottery.com Inc, a digital publisher, provides lottery data results, jackpots, results, and other data. The company delivers daily results of approximately 800 domestic and international lottery games from 40 countries, including the United States, Canada, and the United Kingdom to 400 digital publishers and media organizations.