Elys Game Technology (NASDAQ:ELYS – Get Rating) had its price target decreased by equities researchers at HC Wainwright from $8.00 to $5.00 in a report issued on Monday, The Fly reports. HC Wainwright’s price target suggests a potential upside of 226.80% from the stock’s current price.
Separately, Maxim Group decreased their price objective on shares of Elys Game Technology from $10.00 to $8.00 and set a “buy” rating for the company in a report on Thursday, April 14th.
NASDAQ ELYS opened at $1.53 on Monday. Elys Game Technology has a 52-week low of $1.45 and a 52-week high of $6.72. The company has a 50-day simple moving average of $2.31 and a 200 day simple moving average of $3.08. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.16 and a current ratio of 1.16. The company has a market capitalization of $36.22 million, a PE ratio of -2.28 and a beta of 4.52.
Several institutional investors and hedge funds have recently bought and sold shares of the company. Millennium Management LLC purchased a new position in shares of Elys Game Technology in the second quarter worth about $384,000. Powell Investment Advisors LLC increased its stake in shares of Elys Game Technology by 97.8% in the fourth quarter. Powell Investment Advisors LLC now owns 73,300 shares of the company’s stock worth $222,000 after purchasing an additional 36,250 shares in the last quarter. HAP Trading LLC purchased a new position in shares of Elys Game Technology in the third quarter worth about $262,000. Marshall Wace LLP purchased a new position in shares of Elys Game Technology in the fourth quarter worth about $65,000. Finally, Royal Bank of Canada increased its stake in shares of Elys Game Technology by 69.8% in the third quarter. Royal Bank of Canada now owns 13,500 shares of the company’s stock worth $67,000 after purchasing an additional 5,549 shares in the last quarter. Hedge funds and other institutional investors own 1.42% of the company’s stock.
Elys Game Technology Company Profile (Get Rating)
Elys Game Technology, Corp. provides online and land-based gaming services in Europe and North America. It offers leisure betting products, including lottery, casino gaming, sports betting, online casino games, poker, bingo, virtual sports betting, and horse racing, as well as skilled and interactive games and slots; and operates betting platform software services for leisure betting establishments.
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