Is Elys Game Technology Corp (ELYS) a Stock to Watch After Losing 0.00% This Week?

The market has been high on Elys Game Technology Corp (ELYS) stock recently. ELYS gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

Elys Game Technology Corp has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on ELYS!

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What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down. InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend. Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.

What's Happening With ELYS Stock Today?

Elys Game Technology Corp (ELYS) stock is trading at $1.08 as of 12:24 PM on Thursday, Feb 2, a gain of $0.34, or 45.27% from the previous closing price of $0.74. The stock has traded between $1.00 and $1.47 so far today. Volume today is elevated. So far 42,193,178 shares have traded compared to average volume of 5,665,943 shares.

More About Elys Game Technology Corp

Elys Game Technology Corp is a fastest growing and technologically advanced Sports Betting and virtual sports betting products provider in the regulated business to business and business to consumer markets. It focuses on driving results for casino and leisure gaming operators with retail and digital solutions for Europe, North America and around the globe. The group operates into two segments namely Betting establishments and Betting platform software and services. Click Here to get the full Stock Report for Elys Game Technology Corp stock.