PointsBet Holdings Limited (OTCMKTS:PBTHF – Get Free Report) was down 14.2% during mid-day trading on Monday. The company traded as low as $0.2824 and last traded at $0.6690. 1,775 shares were traded during trading, a decline of 70% from the average daily volume of 5,938 shares. The stock had previously closed at $0.78.
PointsBet Stock Down 14.2%
The stock has a 50 day moving average price of $0.72 and a 200 day moving average price of $0.63.
PointsBet Company Profile
PointsBet Holdings Limited is an Australian online sports-betting and gaming company. Through its PointsBet brand, the company provided digital wagering services through websites and mobile applications, offering betting on major professional and collegiate sports as well as selected racing and other events.
Founded in Australia, PointsBet expanded internationally and operated in regulated markets including Australia, Canada and the United States. Its U.S. business offered online sports betting and iGaming products in certain states, subject to local licensing and regulatory requirements.
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