Lottery.com (NASDAQ:SEGG) Cut to “Sell” at Wall Street Zen

Wall Street Zen lowered shares of Lottery.com (NASDAQ:SEGG) from a hold rating to a sell rating in a research note published on Saturday morning.

Several other analysts have also issued reports on SEGG. Noble Financial assumed coverage on Lottery.com in a report on Friday, September 12th. They set an “outperform” rating and a $20.00 target price on the stock. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Lottery.com in a research report on Tuesday, October 14th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $20.00.

Lottery.com Trading Down 20.2%

Shares of SEGG opened at $0.91 on Friday. Lottery.com has a 12 month low of $0.90 and a 12 month high of $26.45. The firm’s 50 day moving average is $2.74 and its 200-day moving average is $7.02. The stock has a market capitalization of $4.68 million, a PE ratio of -0.23 and a beta of 1.28.

Lottery.com (NASDAQ:SEGG) last issued its quarterly earnings results on Thursday, November 20th. The company reported ($1.19) earnings per share (EPS) for the quarter. The company had revenue of $0.14 million during the quarter. Lottery.com had a negative net margin of 2,270.88% and a negative return on equity of 75.62%.

About Lottery.com

Lottery.com Inc, a digital publisher, provides lottery data results, jackpots, results, and other data. The company delivers daily results of approximately 800 domestic and international lottery games from 40 countries, including the United States, Canada, and the United Kingdom to 400 digital publishers and media organizations.