Lottery.com (NASDAQ:LTRY) Stock Price Down 3.7% – What’s Next?

Shares of Lottery.com Inc. (NASDAQ:LTRY) dropped 3.7% during mid-day trading on Monday . The stock traded as low as $0.37 and last traded at $0.37. Approximately 82,533 shares were traded during trading, a decline of 92% from the average daily volume of 1,096,563 shares. The stock had previously closed at $0.38.

Lottery.com Trading Down 3.8 %

The firm has a fifty day moving average price of $0.38 and a two-hundred day moving average price of $0.63.

Lottery.com (NASDAQ:LTRY) last posted its quarterly earnings results on Monday, December 16th. The company reported ($0.67) EPS for the quarter. Lottery.com had a negative net margin of 594.64% and a negative return on equity of 88.86%.

Insider Activity

In related news, Director Matthew Howard Mcgahan sold 80,000 shares of the company’s stock in a transaction on Monday, December 23rd. The stock was sold at an average price of $0.41, for a total transaction of $32,800.00. Following the completion of the sale, the director now owns 1,021,487 shares in the company, valued at approximately $418,809.67. This represents a 7.26 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 19.90% of the stock is owned by corporate insiders.

Lottery.com Company Profile

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.