PointsBet (OTCMKTS:PBTHF) Trading Down 37.6% – Time to Sell?

Shares of PointsBet Holdings Limited (OTCMKTS:PBTHFGet Free Report) fell 37.6% during mid-day trading on Thursday . The stock traded as low as $0.40 and last traded at $0.42. 2,077 shares were traded during mid-day trading, a decline of 15% from the average session volume of 2,430 shares. The stock had previously closed at $0.67.

PointsBet Price Performance

The business’s 50-day simple moving average is $0.60 and its 200 day simple moving average is $0.56.

PointsBet Company Profile

(Get Free Report)

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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