Elys Game Technology Target of Unusually Large Options Trading (NASDAQ:ELYS)

Elys Game Technology, Corp. (NASDAQ:ELYSGet Rating) saw some unusual options trading activity on Wednesday. Stock investors purchased 542 put options on the company. This is an increase of 885% compared to the typical volume of 55 put options.

Hedge Funds Weigh In On Elys Game Technology

Several institutional investors and hedge funds have recently made changes to their positions in ELYS. Resources Investment Advisors LLC. bought a new position in Elys Game Technology during the 4th quarter worth $30,000. Royal Bank of Canada raised its holdings in Elys Game Technology by 132.5% during the first quarter. Royal Bank of Canada now owns 14,828 shares of the company’s stock worth $35,000 after purchasing an additional 8,450 shares in the last quarter. GSA Capital Partners LLP bought a new stake in Elys Game Technology in the fourth quarter worth about $39,000. State Street Corp bought a new stake in shares of Elys Game Technology in the 1st quarter worth approximately $42,000. Finally, Northern Trust Corp acquired a new stake in Elys Game Technology during the first quarter valued at approximately $65,000. 1.42% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on ELYS shares. HC Wainwright decreased their price objective on Elys Game Technology from $8.00 to $5.00 in a report on Monday, May 2nd. Maxim Group reduced their price target on shares of Elys Game Technology from $8.00 to $5.00 and set a “buy” rating on the stock in a research report on Friday, May 20th.

Elys Game Technology Trading Up 1.5 %

Shares of ELYS opened at $0.61 on Friday. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.07 and a quick ratio of 1.07. Elys Game Technology has a 12 month low of $0.55 and a 12 month high of $6.72. The stock has a market cap of $14.38 million, a PE ratio of -0.81 and a beta of 4.40. The stock’s 50-day moving average is $0.83 and its two-hundred day moving average is $1.80.

Elys Game Technology (NASDAQ:ELYSGet Rating) last posted its quarterly earnings data on Monday, May 16th. The company reported ($0.09) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.09). The company had revenue of $12.24 million for the quarter, compared to analyst estimates of $16.45 million. Elys Game Technology had a negative net margin of 38.99% and a negative return on equity of 136.64%. Equities analysts forecast that Elys Game Technology will post -0.32 earnings per share for the current fiscal year.

Elys Game Technology Company Profile

(Get Rating)

Elys Game Technology, Corp. provides online and land-based gaming services in Europe and North America. It offers lottery, online casino games, sports betting, poker, bingo, virtual sports betting, and horse racing, as well as skilled and interactive games and slots; virtual sports products; and operates betting platform software services for leisure betting establishments.

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