PointsBet Holdings Limited (OTCMKTS:PBTHF – Get Free Report)’s stock price dropped 40% during trading on Monday . The company traded as low as $0.60 and last traded at $0.60. Approximately 315 shares traded hands during trading, a decline of 87% from the average daily volume of 2,451 shares. The stock had previously closed at $1.00.
PointsBet Trading Down 40.0%
The firm’s 50-day moving average price is $0.67 and its two-hundred day moving average price is $0.62.
About PointsBet
PointsBet Holdings Limited provides sports, racing, and iGaming betting products and services through its cloud-based technology platform in Australia. The company operates through Australian Trading, Canada Trading, and Technology segments. It also engages in the provision of gaming support, pari-mutuel advanced deposit wagering, and business-to-business services, as well as in the retail sports betting and software development activities.
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