PointsBet Holdings Limited (OTCMKTS:PBTHF – Get Free Report) was down 50% on Thursday . The company traded as low as $0.3747 and last traded at $0.3747. Approximately 50,275 shares were traded during trading, an increase of 413% from the average daily volume of 9,791 shares. The stock had previously closed at $0.75.
PointsBet Stock Performance
The stock has a 50 day moving average price of $0.58 and a two-hundred day moving average price of $0.54.
About PointsBet
PointsBet Holdings Limited is an online bookmaker specializing in sports and racing wagering, offering both traditional fixed-odds betting and its proprietary PointsBetting model. The company operates through a digital platform and mobile applications, providing customers with access to a broad range of sporting events, including major international leagues, horse racing, and niche competitions. PointsBet also features an online casino segment in select markets, expanding its product suite beyond sports betting.
Founded in Brisbane, Australia, in 2015, PointsBet rapidly expanded its operations domestically before entering the United States market in 2019.
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