Elys BMG Group Sees Unusually Large Options Volume (NASDAQ:ELYS)

Elys BMG Group, Inc. (NASDAQ:ELYS) was the target of some unusual options trading activity on Wednesday. Stock traders bought 542 put options on the company. This represents an increase of approximately 885% compared to the typical volume of 55 put options.

Institutional Trading of Elys BMG Group

A number of large investors have recently made changes to their positions in the company. Royal Bank of Canada increased its position in shares of Elys BMG Group by 132.5% in the 1st quarter. Royal Bank of Canada now owns 14,828 shares of the company’s stock valued at $35,000 after buying an additional 8,450 shares in the last quarter. State Street Corp bought a new position in Elys BMG Group during the 1st quarter worth about $42,000. Northern Trust Corp bought a new position in Elys BMG Group during the 1st quarter worth about $65,000. Millennium Management LLC increased its holdings in Elys BMG Group by 112.5% during the 2nd quarter. Millennium Management LLC now owns 143,663 shares of the company’s stock worth $106,000 after purchasing an additional 76,070 shares in the last quarter. Finally, UBS Group AG increased its holdings in Elys BMG Group by 668.6% during the 4th quarter. UBS Group AG now owns 118,745 shares of the company’s stock worth $33,000 after purchasing an additional 103,295 shares in the last quarter.

Elys BMG Group Price Performance

ELYS opened at $0.14 on Thursday. The company has a quick ratio of 0.61, a current ratio of 0.61 and a debt-to-equity ratio of 1.22. Elys BMG Group has a 12 month low of $0.11 and a 12 month high of $0.77. The company has a fifty day simple moving average of $0.16 and a 200 day simple moving average of $0.20. The stock has a market cap of $5.24 million, a P/E ratio of -0.24 and a beta of 2.71.

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.