Wall Street analysts expect Elys Game Technology, Corp. (NASDAQ:ELYS) reports earnings per share (EPS) of ($0.05) for the current quarter, according to Zacks Investment Research. Two analysts have made earnings estimates for Elys Game Technology, with estimates ranging from ($0.10) to $0.00. Elys Game Technology reported earnings per share of ($0.18) in the same quarter last year, suggesting a positive year-over-year growth rate of 72.2%. The company is expected to release its next quarterly results on Tuesday, April 12.
According to Zacks, analysts expect Elys Game Technology to report full year earnings of ($0.35) per share for the current fiscal year, with EPS estimates ranging from ($0.42) to ($0.28). For the next fiscal year, analysts expect the company to post earnings of ($0.15) per share, with EPS estimates ranging from ($0.24) to ($0.06). Zacks Investment Research earnings per share averages are an average based on a survey of research analysts who provide coverage for Elys Game Technology.
Elys Game Technology (NASDAQ:ELYS) last reported results on Monday, November 22. The company reported ($0.15) earnings per share for the quarter, missing Thomson Reuters consensus estimate of ($0.11) by ($0.04). The company posted revenue of $8.03 million in the quarter, versus analyst estimates of $11.00 million. Elys Game Technology posted a negative return on equity of 36.86% and a negative net margin of 28.52%. In the same quarter last year, the company posted ($0.08) earnings per share.
Separately, Fundamental Research cut its price target on Elys Game Technology from $6.69 to $5.72 and set a “buy” rating on the stock in a Wednesday, October 6 research report.
In addition, the main shareholder Gold Street Capital Corp. bought 24,200 shares of the company in a transaction on Monday, December 13. The shares were purchased at an average cost of $3.28 per share, with a total value of $79,376.00. The purchase was disclosed in a legal filing with the SEC, which is available on the SEC’s website. Insiders acquired a total of 139,953 shares of the company worth $477,224 over the past ninety days. Insiders of the company hold 41.40% of the shares of the company.
A number of institutional investors have recently changed their stock portfolios. Jump Financial LLC bought a new position in Elys Game Technology stock in the second quarter worth about $53,000. Millennium Management LLC bought a new position in Elys Game Technology stock in the second quarter worth approximately $384,000. Royal Bank of Canada increased its holdings of Elys Game Technology shares by 69.8% in the third quarter. Royal Bank of Canada now owns 13,500 shares of the company valued at $67,000 after acquiring an additional 5,549 shares last quarter. Moors & Cabot Inc. bought a new position in shares of Elys Game Technology in the third quarter, valued at approximately $217,000. Finally, Powell Investment Advisors LLC increased its stake in Elys Game Technology to 97.8% in the fourth quarter. Powell Investment Advisors LLC now owns 73,300 shares of the company valued at $222,000 after buying an additional 36,250 shares in the last quarter. 2.29% of the shares are held by institutional investors and hedge funds.
The NASDAQ ELYS traded down $0.08 during Friday’s trading, hitting $2.76. The company’s shares had a trading volume of 178,968 shares, compared to an average volume of 289,891. The company has a market capitalization of $64.30 million, a P/E ratio of -3.68 and a beta of 4.82. Elys Game Technology has a 52 week low of $2.17 and a 52 week high of $8.28. The company has a quick ratio of 1.40, a current ratio of 1.40 and a leverage ratio of 0.01. The company has a 50-day moving average price of $3.09 and a 200-day moving average price of $4.09.
Elys Game Technology Company Profile
Elys Game Technology Corp. engages in the provision of leisure game products and services. Its product suite includes esports, virtual sports, online casino, poker, bingo, interactive games and slots. It operates through the following segments: betting establishments, betting platform software and services, and all others.
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