Lottery.com (NASDAQ:LTRY) Shares Down 2.8% – Here’s What Happened

Lottery.com Inc. (NASDAQ:LTRY)’s stock price traded down 2.8% during trading on Monday . The company traded as low as $1.03 and last traded at $1.05. 479,353 shares traded hands during mid-day trading, a decline of 81% from the average session volume of 2,575,740 shares. The stock had previously closed at $1.08.

Lottery.com Stock Down 2.8 %

The company has a market cap of $12.56 million, a P/E ratio of -0.11 and a beta of 0.63. The business has a fifty day simple moving average of $0.99 and a two-hundred day simple moving average of $0.64.

Insider Buying and Selling at Lottery.com

In other Lottery.com news, Director Matthew Howard Mcgahan sold 115,000 shares of the stock in a transaction on Wednesday, January 22nd. The shares were sold at an average price of $0.35, for a total transaction of $40,250.00. Following the completion of the transaction, the director now owns 906,487 shares in the company, valued at $317,270.45. This trade represents a 11.26 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Christopher Anderson Gooding sold 40,000 shares of Lottery.com stock in a transaction on Tuesday, February 25th. The stock was sold at an average price of $1.39, for a total transaction of $55,600.00. Following the transaction, the director now directly owns 276,553 shares of the company’s stock, valued at $384,408.67. The trade was a 12.64 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 200,000 shares of company stock valued at $158,250 over the last ninety days. 26.28% of the stock is currently owned by company insiders.

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.