Lottery.com (NASDAQ:LTRY) Shares Down 2.8% – Time to Sell?

Shares of Lottery.com Inc. (NASDAQ:LTRY) fell 2.8% on Monday . The stock traded as low as $1.03 and last traded at $1.05. 479,353 shares changed hands during 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 capitalization of $12.56 million, a PE ratio of -0.11 and a beta of 0.63. The business has a 50 day simple moving average of $0.99 and a 200 day simple moving average of $0.64.

Insiders Place Their Bets

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

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.