(LTRY) Lottery.com Common Stock - Ratings and Ratios

Lottery.com Inc. is a digital publisher specializing in lottery data, providing results, jackpots, and other relevant information to a vast network of digital publishers and media organizations. With a reach that spans approximately 800 domestic and international lottery games across 40 countries, the company has established itself as a key player in the lottery data industry. Its B2B API platform enables users to purchase legally sanctioned draw lottery games through various devices, while also engaging in sweepstakes campaigns. Furthermore, the company has diversified its portfolio by launching Sports.com, expanding its presence in the sports media landscape.

From a market perspective, Lottery.com Inc.s common stock (NASDAQ:LTRY) operates within the Casinos & Gaming sub-industry, a sector that is subject to various market trends and regulatory factors. The companys business model, which combines data provision with lottery game sales and sweepstakes, positions it for potential growth in a niche market. However, the absence of a traditional P/E ratio and forward P/E ratio suggests that the company is not yet profitable, which may impact investor sentiment.

Analyzing the available technical and fundamental data, we can identify trends that may inform future stock performance. The stocks last price is $1.60, with short-term and long-term moving averages indicating a positive trend. The Average True Range (ATR) of 0.14, equivalent to 8.69%, suggests moderate volatility. Meanwhile, the market capitalization stands at $14.32M USD, indicating a relatively small-cap stock. Given these factors, a forecast for LTRY could involve a potential price increase, driven by the companys expanding presence in the lottery data market and the growth of its B2B API platform. However, the lack of profitability and the competitive landscape of the Casinos & Gaming sub-industry may pose challenges to this growth. A potential target price could be in the range of $2.50-$3.50, based on a combination of technical indicators and fundamental analysis, assuming the company achieves profitability and continues to expand its market share.