Insider Selling: Lottery.com Inc. (NASDAQ:LTRY) CFO Sells $24,000.00 in Stock

Lottery.com Inc. (NASDAQ:LTRY) CFO Robert J. Stubblefield sold 15,000 shares of the business’s stock in a transaction that occurred on Wednesday, February 26th. The stock was sold at an average price of $1.60, for a total value of $24,000.00. Following the sale, the chief financial officer now owns 250,000 shares of the company’s stock, valued at approximately $400,000. The trade was a 5.66 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Lottery.com Stock Down 4.3 %

LTRY stock opened at $1.12 on Thursday. The business has a 50 day moving average price of $0.83 and a 200 day moving average price of $0.62. The stock has a market cap of $13.53 million, a price-to-earnings ratio of -0.11 and a beta of 0.60. Lottery.com Inc. has a fifty-two week low of $0.22 and a fifty-two week high of $2.80.

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

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.