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GMBL
Stock ticker: NASDAQ
AS OF
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Capitalization
5.37M

GMBL Esports Entertainment Group Forecast, Technical & Fundamental Analysis

a company, which operates as an online gambling platform

Industry CasinosGaming
Technical Analysis# Of IndicatorsAvg. Odds
   
   
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A.I.Advisor
a Summary for GMBL with price predictions
08:00 PM EDT Sep 21, 2023

GMBL in -13.33% downward trend, sliding for three consecutive days on September 22, 2023

Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where GMBL declined for three days, in of 318 cases, the price declined further within the following month. The odds of a continued downward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The 10-day RSI Indicator for GMBL moved out of overbought territory on September 18, 2023. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 18 similar instances where the indicator moved out of overbought territory. In of the 18 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

GMBL broke above its upper Bollinger Band on September 14, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

The Aroon Indicator for GMBL entered a downward trend on September 13, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Bullish Trend Analysis

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 69 cases where GMBL's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Momentum Indicator moved above the 0 level on September 13, 2023. You may want to consider a long position or call options on GMBL as a result. In of 114 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

Following a +18 3-day Advance, the price is estimated to grow further. Considering data from situations where GMBL advanced for three days, in of 197 cases, the price rose further within the following month. The odds of a continued upward trend are .

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is seriously undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.301) is normal, around the industry mean (10.829). P/E Ratio (0.008) is within average values for comparable stocks, (62.391). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (0.165). GMBL's Dividend Yield (0.653) is considerably higher than the industry average of (0.052). P/S Ratio (0.003) is also within normal values, averaging (5.378).

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. GMBL’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. GMBL’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 85, placing this stock worse than average.

A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Las Vegas Sands Corp (NYSE:LVS), MGM Resorts International (NYSE:MGM), Wynn Resorts Limited (NASDAQ:WYNN), Melco Resorts & Entertainment Limited (NASDAQ:MLCO).

Industry description

Casinos/Gaming includes companies that operate casinos, gaming services, horse racing and harness racing facilities. Think Las Vegas Sands Corp., MGM Resorts International and Wynn Resorts, Ltd. In periods of strong economic growth, consumers tend to spend on discretionary/leisure activities like gambling or games; but consumption is likely to slow down when there’s economic sluggishness.

Market Cap

The average market capitalization across the Casinos/Gaming Industry is 4.78B. The market cap for tickers in the group ranges from 152.98K to 35.21B. PDYPY holds the highest valuation in this group at 35.21B. The lowest valued company is ROBK at 152.98K.

High and low price notable news

The average weekly price growth across all stocks in the Casinos/Gaming Industry was -4%. For the same Industry, the average monthly price growth was -4%, and the average quarterly price growth was -2%. THRSF experienced the highest price growth at 36%, while BRVO experienced the biggest fall at -51%.

Volume

The average weekly volume growth across all stocks in the Casinos/Gaming Industry was -18%. For the same stocks of the Industry, the average monthly volume growth was 22% and the average quarterly volume growth was 479%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 52
P/E Growth Rating: 59
Price Growth Rating: 58
SMR Rating: 74
Profit Risk Rating: 84
Seasonality Score: -10 (-100 ... +100)
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A.I. Advisor
published Earnings

GMBL is expected to report earnings to fall 57.50% to -8 cents per share on May 15

Esports Entertainment Group GMBL Stock Earnings Reports
Q1'23
Est.
$-0.09
Q4'22
Missed
by $0.11
Q3'22
Beat
by $0.08
Q2'22
Beat
by $0.17
Q1'22
Missed
by $1.71
The last earnings report on February 22 showed earnings per share of -20 cents, missing the estimate of -9 cents. With 12.25M shares outstanding, the current market capitalization sits at 5.37M.
A.I. Advisor
published General Information

General Information

a company, which operates as an online gambling platform

Industry CasinosGaming

Profile
Fundamentals
Details
Industry
N/A
Address
Block 6, Triq Paceville
Phone
+356 27131276
Employees
5
Web
https://www.esportsentertainmentgroup.com
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GMBL and

Correlation & Price change

A.I.dvisor tells us that GMBL and IGT have been poorly correlated (+27% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that GMBL and IGT's prices will move in lockstep.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To GMBL
1D Price
Change %
GMBL100%
-11.45%
IGT - GMBL
27%
Poorly correlated
-0.51%
PENN - GMBL
24%
Poorly correlated
-2.57%
GDEN - GMBL
24%
Poorly correlated
-1.64%
EBET - GMBL
23%
Poorly correlated
-10.78%
BYD - GMBL
23%
Poorly correlated
-1.44%
More

Groups containing GMBL

Correlation & Price change

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To GMBL
1D Price
Change %
GMBL100%
-11.45%
Casinos/Gaming
(undefined stocks)
26%
Poorly correlated
-1.55%