Insider Selling: Lottery.com Inc. (NASDAQ:LTRY) CFO Sells 15,000 Shares of Stock

Lottery.com Inc. (NASDAQ:LTRY) CFO Robert J. Stubblefield sold 15,000 shares of Lottery.com 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 transaction, the chief financial officer now directly owns 250,000 shares in the company, valued at approximately $400,000. This trade represents a 5.66 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Lottery.com Stock Down 4.3 %

LTRY opened at $1.12 on Thursday. The firm has a market cap of $13.53 million, a price-to-earnings ratio of -0.11 and a beta of 0.60. The business’s 50 day moving average is $0.83 and its two-hundred day moving average is $0.62. Lottery.com Inc. has a 52 week low of $0.22 and a 52 week high of $2.80.

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

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.