(SCOUT) Scout Gaming - Ratings and Ratios

Scout Gaming Group AB is a B2B gaming company that delivers a suite of daily fantasy sports, sportsbook, and fantasy betting products to clients primarily in Nordic and European markets, including Sweden, Norway, Ukraine, and Malta. The company operates a proprietary network-based platform, supported by its in-house StatCenter, which provides real-time data to players, enhancing their gaming experience. The diverse product portfolio encompasses a range of sports and fantasy leagues, including Football, Basketball, Hockey, UFC, Golf, Tennis, motorsport, and American Football.

Since its inception in 2013, Scout Gaming Group has established itself as a significant player in the interactive home entertainment sector, with its headquarters in Stockholm, Sweden. The companys website (https://www.scoutgaminggroup.com) serves as a hub for information on its products, services, and investor relations.

Analyzing the available and , we observe that Scout Gaming Groups stock has shown volatility, with a 52-week high of 0.34 SEK and a low of 0.17 SEK. The current price of 0.22 SEK is above both the 20-day and 50-day simple moving averages (SMA20 and SMA50), indicating a short-term bullish trend. However, the stock remains below its 200-day simple moving average (SMA200), suggesting a longer-term bearish trend. The Average True Range (ATR) of 0.03 (12.09% of the current price) indicates moderate volatility.

From a fundamental perspective, Scout Gaming Groups market capitalization stands at 48.87M SEK, and the company reports a negative Return on Equity (RoE) of -22.26%, indicating that it is currently unprofitable. The absence of P/E and forward P/E ratios further underscores the companys negative earnings position.

Forecasting the stocks performance based on the available data, a potential bullish scenario could unfold if Scout Gaming Group successfully expands its product offerings and enhances its profitability. A key factor to watch would be the companys ability to navigate regulatory environments in its primary markets and capitalize on emerging trends in the gaming industry. Conversely, failure to achieve profitability or navigate market challenges could exacerbate the bearish trend. Given the current technical indicators and fundamental data, a cautious approach is warranted, with a potential target price range between 0.25-0.30 SEK in the short term, contingent upon positive developments in the companys financials and operational performance.