Stock Traders Purchase Large Volume of Elys BMG Group Put Options (NASDAQ:ELYS)

Elys BMG Group, Inc. (NASDAQ:ELYS) was the recipient of unusually large options trading activity on Wednesday. Stock traders bought 542 put options on the company. This is an increase of approximately 885% compared to the average volume of 55 put options.

Elys BMG Group Price Performance

ELYS stock opened at $0.13 on Friday. The company has a market cap of $5.17 million, a P/E ratio of -0.24 and a beta of 2.71. Elys BMG Group has a 52 week low of $0.11 and a 52 week high of $0.77. The company’s 50-day moving average price is $0.16 and its 200 day moving average price is $0.20. The company has a current ratio of 0.61, a quick ratio of 0.61 and a debt-to-equity ratio of 1.22.

Institutional Trading of Elys BMG Group

A number of institutional investors have recently added to or reduced their stakes in the stock. State Street Corp boosted its holdings in Elys BMG Group by 264.5% during the first quarter. State Street Corp now owns 88,200 shares of the company’s stock worth $45,000 after buying an additional 64,000 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of Elys BMG Group by 280.9% in the first quarter. Geode Capital Management LLC now owns 241,087 shares of the company’s stock valued at $124,000 after purchasing an additional 177,793 shares in the last quarter. UBS Group AG lifted its holdings in shares of Elys BMG Group by 668.6% in the fourth quarter. UBS Group AG now owns 118,745 shares of the company’s stock valued at $33,000 after purchasing an additional 103,295 shares in the last quarter. Millennium Management LLC lifted its stake in shares of Elys BMG Group by 112.5% during the second quarter. Millennium Management LLC now owns 143,663 shares of the company’s stock valued at $106,000 after buying an additional 76,070 shares during the period. Finally, Renaissance Technologies LLC purchased a new position in shares of Elys BMG Group during the second quarter valued at approximately $117,000.

About Elys BMG Group

Elys BMG Group, Inc engages in the provision of business-to-consumer gaming services in the United States and Europe. The company offers betting platform software services to leisure betting establishments; and operates web based and land-based leisure betting establishments. Its gaming product offerings include sports betting; and online casino, such as online slot and table games, poker, bingo, skilled and interactive games, virtual sports betting, and horse racing.