Zacks: Brokerage firms expect Elys Game Technology, Corp. (NASDAQ: ELYS) Reports Earnings Per Share of $ 0.05
Brokerages expect Elys Game Technology, Corp. (NASDAQ: ELYS) Reports Earnings Per Share of ($ 0.05) for Current Fiscal Quarter, According to Zack. Two analysts provided earnings estimates for Elys Game Technology, with the highest EPS estimate being $ 0.00 and the lower estimate ($ 0.10). Elys Game Technology reported earnings per share of ($ 0.18) for the same quarter last year, suggesting a positive year-over-year growth rate of 72.2%. The company is expected to announce its next earnings report on Tuesday, April 12.
On average, analysts predict that Elys Game Technology will report annual earnings of ($ 0.35) per share for the current year, with EPS estimates ranging from $ 0.42 to $ 0.28. For the next year, analysts expect the company to post earnings of ($ 0.15) per share, with EPS estimates ranging from $ 0.24 to $ 0.06. Zacks’ earnings per share calculations are an average based on a survey of analysts who cover Elys Game Technology.
Elys Game Technology (NASDAQ: ELYS) last released its quarterly results on Monday, November 22. The company reported ($ 0.15) earnings per share (EPS) for the quarter, missing ($ 0.04) Thomson Reuters consensus estimate of ($ 0.11). Elys Game Technology recorded a negative return on equity of 36.86% and a negative net margin of 28.52%. During the same period of the previous year, the company posted ($ 0.08) EPS.
Several research firms have recently published reports on ELYS. Fundamental Research lowered its price target on Elys Game Technology from $ 6.69 to $ 5.72 and set a “buy” rating on the stock in a research report published on Wednesday, October 6. HC Wainwright reaffirmed a “buy” note and issued a price target of $ 8.00 on Elys Game Technology shares in a research report on Tuesday, August 24.
In other news from Elys Game Technology, the main shareholder Gold Street Capital Corp. bought 10,400 shares in a trade that took place on Wednesday, November 24. The stock was purchased at an average price of $ 3.48 per share, for a total value of $ 36,192.00. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. During the last quarter, insiders acquired 133,953 shares of the company valued at $ 457,934. Company insiders own 41.40% of the company’s shares.
A number of institutional investors and hedge funds have recently increased or reduced their stakes in the company. Moors & Cabot Inc. purchased a new equity stake in Elys Game Technology during the third quarter valued at approximately $ 217,000. Royal Bank of Canada increased its stake in Elys Game Technology by 69.8% during the third quarter. Royal Bank of Canada now owns 13,500 shares of the company valued at $ 67,000 after acquiring an additional 5,549 shares in the last quarter. HAP Trading LLC acquired a new stake in Elys Game Technology during the 3rd quarter for a value of approximately $ 262,000. Belvedere Trading LLC acquired a new stake in Elys Game Technology during the 3rd quarter for a value of approximately $ 149,000. Finally, Powell Investment Advisors LLC acquired a new stake in Elys Game Technology during the 3rd quarter for a value of approximately $ 183,000. 1.91% of the capital is held by institutional investors.
ELYS share traded down $ 0.14 during Monday’s midday session, reaching $ 3.29. The company’s shares had a trade volume of 17,593 shares, compared to its average volume of 405,506. The company has a market capitalization of $ 76.66 million, a PE ratio of -4.36 and a beta of 4.96. Elys Game Technology has a 12-month low of $ 3.05 and a 12-month high of $ 8.28. The company has a current ratio of 1.40, a quick ratio of 1.40, and a debt ratio of 0.01. The company’s 50-day moving average is $ 4.16 and its 200-day moving average is $ 4.42.
Elys Game Technology Company Profile
Elys Game Technology Corp. provides leisure games products and services. Its product line includes electronic sports, virtual sports, online casino, poker, bingo, interactive games and slots. It operates in the following segments: betting establishments, betting platform software and services and all others.
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