Lottery.com (NASDAQ:SEGG) Releases Quarterly Earnings Results

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

Lottery.com Price Performance

SEGG stock opened at $1.28 on Monday. The firm has a market capitalization of $4.37 million, a P/E ratio of -0.07 and a beta of 2.55. Lottery.com has a 52-week low of $1.12 and a 52-week high of $32.55. The company’s 50 day simple moving average is $2.32 and its 200-day simple moving average is $6.01.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on SEGG shares. Wall Street Zen downgraded Lottery.com from a “sell” rating to a “strong sell” rating in a report on Sunday, July 12th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Lottery.com in a research note on Friday. One investment analyst has rated the stock with a Sell rating. According to data from MarketBeat, the stock presently has a consensus rating of “Sell”.

About Lottery.com

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.