Casino Stocks To Follow Now – July 3rd

Sharplink Gaming, Flutter Entertainment, and DraftKings are the three Casino stocks to watch today, according to MarketBeat’s stock screener tool. Casino stocks are shares of publicly traded companies that own or operate casino resorts, gaming facilities and related hospitality or entertainment services. Their performance is closely tied to consumer discretionary spending, tourism trends and regulatory developments within the gambling industry. These companies had the highest dollar trading volume of any Casino stocks within the last several days.

Sharplink Gaming (SBET)

SharpLink Gaming, Inc. operates as an online technology company that connects sports fans, leagues, and sports websites to sports betting and iGaming content. The company operates through four segments: Affiliate Marketing Services United States, Affiliate Marketing Services International, Sports Gaming Client Services, and SportsHub Games Network.

Sharplink Gaming stock traded up $0.75 during mid-day trading on Thursday, reaching $12.73. 27,754,961 shares of the company were exchanged, compared to its average volume of 1,710,257. The business has a fifty day moving average of $16.53 and a 200 day moving average of $9.21. Sharplink Gaming has a 12-month low of $2.26 and a 12-month high of $124.12.

Flutter Entertainment (FLUT)

Flutter Entertainment plc operates as a sports betting and gaming company in the United Kingdom, Ireland, Australia, the United States, Italy, and internationally. The company operates through four segments: UK & Ireland, Australia, International, and US. It offers sports betting, iGaming, daily fantasy sports, online racing wagering, and TV broadcasting products; sportsbooks and exchange sports betting products, and gaming products; and online sports betting.

Shares of NYSE:FLUT traded down $1.78 on Thursday, reaching $280.55. The company had a trading volume of 692,978 shares, compared to its average volume of 2,079,344. The firm has a market capitalization of $49.57 billion and a PE ratio of 97.06. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.67. Flutter Entertainment has a 52-week low of $175.59 and a 52-week high of $299.73. The firm’s 50 day simple moving average is $254.02 and its 200-day simple moving average is $253.46.

DraftKings (DKNG)

DraftKings Inc. operates as a digital sports entertainment and gaming company in the United States and internationally. It provides online sports betting and casino, daily fantasy sports, media, and other consumer products, as well as retails sportsbooks. The company also engages in the design and development of sports betting and casino gaming software for online and retail sportsbooks, and iGaming operators.

DKNG traded down $0.58 on Thursday, hitting $40.74. The company had a trading volume of 4,167,702 shares, compared to its average volume of 9,664,760. The stock has a market capitalization of $36.23 billion, a price-to-earnings ratio of -49.17, a P/E/G ratio of 1.08 and a beta of 1.67. The company has a debt-to-equity ratio of 2.11, a quick ratio of 1.20 and a current ratio of 1.20. The stock has a fifty day moving average price of $36.89 and a 200-day moving average price of $38.48. DraftKings has a 12-month low of $28.69 and a 12-month high of $53.61.