PointsBet Holdings Limited (OTCMKTS:PBTHF – Get Free Report)’s stock price was down 11.4% during trading on Monday . The stock traded as low as $0.60 and last traded at $0.60. 1,000 shares traded hands during mid-day trading, a decline of 85% from the average session volume of 6,714 shares. The stock had previously closed at $0.6775.
PointsBet Stock Down 11.4%
The stock has a 50 day simple moving average of $0.58 and a two-hundred day simple moving average of $0.60.
PointsBet Company Profile
PointsBet Holdings Limited is an online bookmaker specializing in sports and racing wagering, offering both traditional fixed-odds betting and its proprietary PointsBetting model. The company operates through a digital platform and mobile applications, providing customers with access to a broad range of sporting events, including major international leagues, horse racing, and niche competitions. PointsBet also features an online casino segment in select markets, expanding its product suite beyond sports betting.
Founded in Brisbane, Australia, in 2015, PointsBet rapidly expanded its operations domestically before entering the United States market in 2019.
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