Lottery.com (NASDAQ:SEGG) Releases Earnings Results

Lottery.com (NASDAQ:SEGG) posted its earnings results on Monday. The company reported ($1.32) earnings per share for the quarter, Zacks reports. Lottery.com had a negative net margin of 1,329.70% and a negative return on equity of 53.53%.

Lottery.com Price Performance

SEGG stock opened at $1.32 on Monday. The company has a market capitalization of $4.50 million, a PE ratio of -0.07 and a beta of 2.55. Lottery.com has a 12 month low of $1.12 and a 12 month high of $32.55. The firm’s 50-day moving average is $2.32 and its 200 day moving average is $6.01.

Analysts Set New Price Targets

A number of analysts have issued reports on the company. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Lottery.com in a research note on Friday. Wall Street Zen downgraded Lottery.com from a “sell” rating to a “strong sell” rating in a research report on Sunday, July 12th. One analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, Lottery.com currently has a consensus rating of “Sell”.

About Lottery.com

Lottery.com is a digital lottery and gaming technology company that provides consumers with access to lottery products through online platforms and mobile applications. Its services have included the purchase of official lottery tickets through licensed courier or retail partners, access to lottery results and draw information, and tools for tracking and managing lottery activity.

The company has historically focused on serving customers in the United States, while also developing technology and partnerships intended to support international lottery and gaming markets.