PointsBet Holdings Limited (OTCMKTS:PBTHF – Get Free Report)’s share price rose 45.2% on Friday . The company traded as high as $0.60 and last traded at $0.60. Approximately 150 shares changed hands during trading, a decline of 98% from the average daily volume of 7,345 shares. The stock had previously closed at $0.4132.
PointsBet Trading Up 45.2%
The business has a 50 day simple moving average of $0.55 and a two-hundred day simple moving average of $0.54.
About PointsBet
PointsBet Holdings Limited is an online bookmaker specializing in sports and racing wagering, offering both traditional fixed-odds betting and its proprietary PointsBetting model. The company operates through a digital platform and mobile applications, providing customers with access to a broad range of sporting events, including major international leagues, horse racing, and niche competitions. PointsBet also features an online casino segment in select markets, expanding its product suite beyond sports betting.
Founded in Brisbane, Australia, in 2015, PointsBet rapidly expanded its operations domestically before entering the United States market in 2019.
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