PointsBet (OTCMKTS:PBTHF) Trading 8.5% Higher – Here’s Why

PointsBet Holdings Limited (OTCMKTS:PBTHFGet Free Report) was up 8.5% during mid-day trading on Tuesday . The company traded as high as $0.46 and last traded at $0.46. Approximately 1,000 shares traded hands during trading, a decline of 82% from the average daily volume of 5,412 shares. The stock had previously closed at $0.43.

PointsBet Stock Performance

The firm has a 50-day moving average price of $0.41 and a 200-day moving average price of $0.36.

About PointsBet

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PointsBet Holdings Limited provides sports, racing, and iGaming betting products and services through its cloud-based technology platform in Australia. The company operates through Australian Trading, Canada Trading, and Technology segments. It also engages in the provision of gaming support, pari-mutuel advanced deposit wagering, and business-to-business services, as well as in the retail sports betting and software development activities.

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