How to Buy Elys Game Technology Stock
Elys Game Technology Corp
Elys Game Technology, Corp. provides online and land-based gaming services in Europe and North America.
Elys Game Technology stock last closed at $0.50, up 1.61% from the previous day, and has decreased 52% in one year. It has underperformed other stocks in the Gambling industry by 0.54 percentage points. Elys Game Technology stock is currently +354.05% from its 52-week low of $0.11, and -65.71% from its 52-week high of $1.47.
As of Jun 2, 2023, there are 38.81M shares of ELYS outstanding. The market capitalization of ELYS is $19.56M. In the past 24 hours, 169,609 ELYS shares were traded.
How to Buy Elys Game Technology Stock
Not sure how to invest in Elys Game Technology stock? Here's how.
- Choose where to buy Elys Game Technology stock: You need to pick an online brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you determine where to buy Elys Game Technology stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit money your brokerage account: Choose your method of payment and add your info.
- Analyze Elys Game Technology stock: The Elys Game Technology ticker symbol is ELYS. Is Elys Game Technology stock a good investment? Should you buy shares of ELYS? How do ELYS's underlying business fundamentals look? Do top analysts think Elys Game Technology is a good buy? Why has ELYS's stock price moved recently? (Hint: Our stock research tools can help you evaluate if ELYS is a good stock to buy).
- Place your ELYS purchase: Decide if you will purchase ELYS shares at the current market price or use a limit order to buy ELYS stock at a particular price.
- Watch your ELYS investment: Create a watchlist to the latest updates on your investment in Elys Game Technology stock.
Step 1: Choose where to buy Elys Game Technology stock
You need an online brokerage account in order to access the NASDAQ market and buy ELYS stock.
Our recommended brokerage: eToro
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Get $10 towards your purchase of shares by opening an account with eToro today.
Open eToro AccountStep 2: Open a brokerage account
Now that you've picked your brokerage, you'll need to fill out some personal info so you can invest in ELYS today.
How to Open a New Account on eToro
- Click here to get started.
- Provide your personal details to open your new trading account.
- Submit your application by pressing the "Create Account" button.
Step 3: Deposit money your brokerage account
Now that you've opened your account on app for investing, your next step is to transfer the money for your investment:
Check out this video walkthrough if you need help depositing funds into your new brokerage account.
Step 4: Analyze Elys Game Technology stock
Once you have chosen the best place to buy Elys Game Technology stock, it's crucial to evaluate their stock prior to investing, so you can understand the risk and opportunity.
Elys Game Technology shares at a glance
ELYS Fundamentals
WallStreetZen was created to help everyday investors perform more accurate fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on ELYS's stock page.
Is ELYS stock undervalued or overvalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge ELYS's fair value.
Using relative valuations methods:
- ELYS could be undervalued based on its P/B ratio of 2.42x, relative to Gambling industry P/B ratio of 8.77x
You can access additional valuation research on ELYS's stock here.
ELYS Financial Health Overview
Passed Financial Due Diligence Checks:
- ELYS has $3.24M in cash and short term investments. This is enough to cover its annual cash burn of $7.77M.
- There are more short-term assets than long-term liabilities on the ELYS balance sheet.
Failed Financial Due Diligence Checks:
- ELYS profit margin has gone down from -39% to -42% in the past year.
- ELYS has cash burn of 7771025. It does not have sufficient cash and short-term investments to cover this.
- ELYS has a relatively high debt to equity ratio of 2.01.
- There are more short-term liabilities than short-term assets on the ELYS balance sheet.
- Total ELYS debt is higher than 5 years ago, relative to shareholder equity.
Is Elys Game Technology stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 1 Wall Street analysts who research ELYS, the consensus analyst rating on ELYS is a Buy
Please keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.
Most Recent ELYS Analyst Upgrades/Downgrades
Scott Buck, a bottom 1% analyst from HC Wainwright & Co. reiterates ELYS with a buy rating and maintains their ELYS price target from $2.00 to $2.00, on May 24, 2023.
You can dive deeper into what analysts are projecting on the Elys Game Technology stock forecast page.
Metrics for Advanced ELYS Traders
How is ELYS performing as a company?
Last year, ELYS revenue was $42.87M. In the past 5 year, ELYS's revenue has gone up by 9.22% per year. This was slower than the Gambling industry average of 83.61%.
Dive into ELYS's earnings and revenue performance here.
Who is buying/selling ELYS?
Over the past year, executives and large shareholders at ELYS have bought more shares than they have sold.
Andrea Mandelmantello, Director of ELYS, was the latest ELYS insider to buy. They bought $40,000.16 worth of ELYS stock on Feb 14, 2023.
Research more about who owns ELYS stock here.
Does ELYS stock generate passive income?
No, Elys Game Technology doesn't provide an income stream by paying out dividends.
ELYS Social Trading Data
One of the reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Place your ELYS purchase
There are two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are generally sufficient. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a given dollar amount, place a limit order.
Click the Open Trade button and eToro will execute your order.
If you need additional help with buying stocks on eToro, watch the how to video below:
Step 6: Watch your ELYS investment
Now that you own some shares in ELYS, you'll want to keep up with your shares.
Start a watchlist to get the latest updates about your ELYS stock.
ELYS Feed
How to Buy Stock in Elys Game Technology
To summarize, here are the 6 steps to buy stock in Elys Game Technology:
- Choose where to buy Elys Game Technology stock
- Open a brokerage account
- Deposit money your brokerage account
- Analyze Elys Game Technology stock
- Place your ELYS purchase
- Watch your ELYS investment
If you are looking for a online brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you want to get notifications regarding your investment in Elys Game Technology, click the button below.
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