Lottery.com (NASDAQ:LTRY) Trading Down 3.7% – Should You Sell?

Lottery.com Inc. (NASDAQ:LTRY)’s stock price dropped 3.7% on Monday . The stock traded as low as $0.37 and last traded at $0.37. Approximately 82,533 shares changed hands during trading, a decline of 92% from the average daily volume of 1,096,563 shares. The stock had previously closed at $0.38.

Lottery.com Price Performance

The stock’s 50-day simple moving average is $0.38 and its two-hundred day simple moving average is $0.63.

Lottery.com (NASDAQ:LTRY) last issued its quarterly earnings results on Monday, December 16th. The company reported ($0.67) earnings per share (EPS) for the quarter. Lottery.com had a negative return on equity of 88.86% and a negative net margin of 594.64%.

Insider Activity at Lottery.com

In other Lottery.com news, Director Matthew Howard Mcgahan sold 80,000 shares of the business’s stock in a transaction on Monday, December 23rd. The shares were sold at an average price of $0.41, for a total value of $32,800.00. Following the sale, the director now owns 1,021,487 shares in the company, valued at $418,809.67. The trade was a 7.26 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 19.90% of the stock is owned by corporate insiders.

About Lottery.com

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.