Kambi Group (OTCMKTS:KMBIF) Stock Price Down 10.1% – Time to Sell?

Kambi Group plc (OTCMKTS:KMBIF – Get Free Report) traded down 10.1% during mid-day trading on Thursday. The company traded as low as C$16.14 and last traded at C$16.14. 100 shares changed hands during mid-day trading, a decline of 67% from the average daily volume of 300 shares. The stock had previously closed at C$17.95.

Analyst Ratings Changes

Separately, Jefferies Financial Group reaffirmed a “hold” rating on shares of Kambi Group in a research note on Wednesday, July 29th. One research analyst has rated the stock with a Hold rating. According to MarketBeat.com, the company currently has an average rating of “Hold”.

Read Our Latest Research Report on Kambi Group

Kambi Group Price Performance

The business has a 50-day moving average of C$17.88 and a 200 day moving average of C$16.13.

Kambi Group Company Profile

(Get Free Report)

Kambi Group plc is a business-to-business sports betting technology provider headquartered in Malta. The company supplies sportsbook solutions to licensed gaming operators, enabling them to offer online and retail sports wagering under their own brands rather than operating primarily as a consumer-facing bookmaker.

Kambi’s platform includes sportsbook software, odds compilation, trading and risk management, live betting, player account and front-end technology, and related managed services.

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