Motorsport Games Inc (MSGM) concluded trading on Thursday at a closing price of $1.54, with 58.45 million shares of worth about $90.01 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -29.03% during that period and on September 25, 2024 the price saw a gain of about 40.00%. Currently the company’s common shares owned by public are about 2.72M shares, out of which, 1.64M shares are available for trading.
Stock saw a price change of 33.91% in past 5 days and over the past one month there was a price change of 22.22%. Year-to-date (YTD), MSGM shares are showing a performance of -50.16% which decreased to -57.34% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $1.01 but also hit the highest price of $4.73 during that period. The average intraday trading volume for Motorsport Games Inc shares is 454.59K. The stock is currently trading 26.72% above its 20-day simple moving average (SMA20), while that difference is up 2.76% for SMA50 and it goes to -31.13% lower than SMA200.
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Motorsport Games Inc (NASDAQ: MSGM) currently have 2.72M outstanding shares and institutions hold larger chunk of about 1.32% of that.
The stock has a current market capitalization of $4.90M and its 3Y-monthly beta is at 2.01. PE ratio of stock for trailing 12 months is 4.37, while it has posted earnings per share of $0.35 in the same period. It has Quick Ratio of 0.53 while making debt-to-equity ratio of 0.03. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for MSGM, volatility over the week remained 11.68% while standing at 11.81% over the month.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by DA Davidson on August 19, 2021 offering a Buy rating for the stock and assigned a target price of $15 to it. Coverage by The Benchmark Company stated Motorsport Games Inc (MSGM) stock as a Buy in their note to investors on February 08, 2021, suggesting a price target of $42 for the stock.
