The company’s shares closed last Wednesday at $1.76, close to its 52-week low of $1.33.
According to TipRanks.com, Gandler is a 2-star analyst with an average return of -0.6% and a 43.1% success rate. Gandler covers the Basic Materials sector, focusing on stocks such as Costa Group Holdings Ltd., Orora Ltd., and Amcor.
Currently, the analyst consensus on PointsBet Holdings Ltd. is a Moderate Buy with an average price target of $2.54.
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Based on the recent corporate insider activity of 11 insiders, corporate insider sentiment is neutral on the stock.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Pointsbet Holdings Ltd is an online bookmaker offering all traditional fixed odds markets including sports, racing and other spread betting where winnings or losses aren’t fixed but depend on how correct bet is. It offers more markets on NBA, AFL, and NRL than any other bookmaker in the world. Its reportable segments consist of: Australian Trading; Technology; and the United States. Majority of the firm’s revenue is derived from Australian trading segment which includes revenue from sports and race betting services provided to Australian customers.
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