PointsBet Holdings Limited (OTCMKTS:PBTHF – Get Free Report) shares dropped 37.6% during mid-day trading on Thursday . The company traded as low as $0.40 and last traded at $0.42. Approximately 2,077 shares traded hands during mid-day trading, a decline of 15% from the average daily volume of 2,430 shares. The stock had previously closed at $0.67.
PointsBet Trading Down 3.6 %
The firm’s 50-day moving average is $0.60 and its 200-day moving average is $0.56.
PointsBet Company Profile
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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