Ebet Inc (EBET) Stock: What Does the Chart Say Thursday?

The market has been neutral on Ebet Inc (EBET) stock recently. EBET gets a Neutral score from InvestorsObserver Stock Sentiment Indicator.

Ebet Inc has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on EBET!

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What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With EBET Stock Today?

Ebet Inc (EBET) stock has risen 2.16% while the S&P 500 is lower by -0.2% as of 9:59 AM on Thursday, Oct 5. EBET has risen $0.01 from the previous closing price of $0.61 on volume of 781,047 shares. Over the past year the S&P 500 has risen 12.24% while EBET is lower by -98.36%. EBET lost -$99.28 per share in the over the last 12 months.

More About Ebet Inc

EBET Inc is a technology company developing and operating platforms focused on esports and competitive gaming. It operates a licensed online gambling platform, which is an esports/sportsbook focused on bettors located in Asia and Latin America. It offers real money betting on esports events from around the world in a secure environment. It accepts wagers on esports titles including Counter-Strike: GO, League of Legends, Dota 2, StarCraft 2, Rocket League, Rainbow Six, Warcraft 3, King of Glory, and FIFA, as well as professional sports including the NFL, NBA, MLB, soccer and more. Click Here to get the full Stock Report for Ebet Inc stock.