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How to Buy Lotterycom Stock

Lotterycom Inc

Lottery. com Inc. , a technology company, operates B2C platform that enable players to remotely purchase legally sanctioned lottery games in the United States and internationally.

Lotterycom stock last closed at $1.26, down 3.82% from the previous day, and has decreased 69.86% in one year. It has underperformed other stocks in the Gambling industry by 0.8 percentage points. Lotterycom stock is currently +53.1% from its 52-week low of $0.82, and -90.31% from its 52-week high of $13.00.

There are currently 4.78M LTRY shares outstanding. The market cap of LTRY is $6.02M. In the past 24 hours, 339,982 LTRY shares were traded.

How to Buy Lotterycom Stock

Wondering how to invest in Lotterycom stock? Here's how.
  1. Figure out where to buy Lotterycom stock: You need to choose a stock brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you determine where to buy Lotterycom stock.
  2. Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Deposit funds into your brokerage account: Select your payment method and add your info.
  4. Research Lotterycom stock: The Lotterycom ticker symbol is LTRY. Is Lotterycom stock a good investment? Should you buy shares of LTRY? How do LTRY's underlying business fundamentals look? Do top analysts think Lotterycom is a good buy? Why has LTRY's stock price moved recently? (Hint: Our stock market analysis tools can help you figure out if LTRY is a good stock to buy).
  5. Make your LTRY trade: Decide if you will purchase LTRY shares at the current market price or use a limit order to purchase LTRY stock at a particular price.
  6. Track your investment in LTRY: Create a watchlist to track your new investment in Lotterycom shares.

Step 1: Figure out where to buy Lotterycom stock

You will need an online brokerage account in order to access the NASDAQ market and buy LTRY stock.

A brokerage account is an investment account that enables you to buy and sell a variety of financial instruments, including stocks, bonds, mutual funds, and ETFs.

Our preferred brokerage: eToro

In our opinion, eToro is the best place to buy stocks. eToro gives you:

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  • Buy fractional shares: Even if you don't have the money to buy a full share, you can still buy the stock.
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  • Social investing: eToro has a community with more than 20 million users worldwide. Talk to, learn from, and copy the unique crypto portfolios of top investors.
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Step 2: Create a brokerage account

Now that you've picked your brokerage, you'll need to fill out some personal info so you can invest in LTRY stock today.

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  1. Click here to get started.
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
  2. Provide your personal data to create a new trading account.
  1. Send your information by pressing the "Create Account" button.
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Step 3: Deposit funds into your brokerage account

Now that you've created your account on the best stock market app for beginners, you need to deposit funds:

Watch the video below to see the process of transferring funds into your new investment account.

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eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Research Lotterycom stock

After you have figured out the best place to buy Lotterycom stock, it's crucial to research their stock prior to investing, so you actually understand the risk as well as the opportunity.

Lotterycom stock quick numbers

LTRY Price
$1.26
1w %
44.66%
1y %
-69.86%
5y %
-99.39%
P/E
-0.13x
P/B
0.19x
P/S
0.76x
PEG
N/A
Revenue
$6.63M
Earnings
-$27.99M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$6.02M
Next Earnings
Aug 19, 2024
Next Dividend
N/A

Fundamentals of LTRY

WallStreetZen was designed to help everyday investors do more in-depth fundamental analysis in less time.

You can view all of the due diligence checks on LTRY's stock page.

What is the fair value of LTRY stock?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge LTRY's fair value.

Using relative valuations metrics:

  • LTRY could be undervalued based on its P/B ratio of 0.19x, relative to Gambling industry P/B ratio of 5.79x

You can do more valuation research on LTRY's stock here.

LTRY Financials at a glance

Signs that LTRY is financially healthy:

  • Total LTRY debt is lower than 5 years ago, relative to shareholder equity.
  • There are more short-term assets than long-term liabilities on the LTRY balance sheet.
  • LTRY has $84.05k in cash and short term investments. This is enough to cover its annual cash burn of $2.22M.

Signs that LTRY is not financially healthy:

  • LTRY profit margin has gone up by 3.34 percentage points in the past year, but the company is still unprofitable.
  • LTRY has cash burn of 2218438. It does not have enough cash and short-term investments to cover this.
  • LTRY has a relatively high debt to equity ratio of 0.87.
  • There are more short-term liabilities than short-term assets on the LTRY balance sheet.

Metrics for Advanced LTRY Traders

SMA10
1
SMA20
1.1
SMA50
1.5
SMA100
1.85
SMA200
2.06
MACD
-0.13
MACD Signal
-0.18
MACD Histogram
0.05
RSI
52
Stochastic %K
45.24
Stochastic %D
36.09
StochRSI %K
97.34
StochRSI %D
93.68

Is LTRY Making Money?

Last year, LTRY revenue was $6.63M. Over the last 4 year, LTRY's revenue has gone up by 36.89% per year. This was faster than the Gambling industry average of 24.1%.

Dive into LTRY's earnings and revenue performance here.

What are LTRY insiders up to?

In the last 12 months, insiders at LTRY have not bought or sold any shares.

Dig into more about who owns LTRY stock here.

Does LTRY provide a stable income stream?

No, Lotterycom doesn't provide an income stream by paying out dividends.

What others are saying about LTRY

One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.

Click below to learn what other community members have to say.

Step 5: Make your LTRY trade

You have two primary order types:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are mostly fine for most investors.
  • Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
    If you want to be sure you're buying or selling at a given price, use a limit order.

Click the Open button and your broker will place your order.

If you need additional info about buying stocks on eToro, click the helpful video below:

Open eToro Account

Step 6: Track your investment in LTRY

Now that you own some LTRY stock, you'll want to stay up-to-date on your new stock purchase.

Create a watchlist to track the latest developments regarding your LTRY stock.

LTRY Feed

How to Buy Stock in Lotterycom

To summarize, here are the 6 steps you need to take to buy Lotterycom stock right now:

  1. Figure out where to buy Lotterycom stock
  2. Create a brokerage account
  3. Deposit funds into your brokerage account
  4. Research Lotterycom stock
  5. Make your LTRY trade
  6. Track your investment in LTRY

If you are looking for a brokerage, eToro is our recommended option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get the latest scoop on your new investment in Lotterycom, click below.

NASDAQ: LTRY
$1.26-0.05 (-3.82%)
Updated Jul 15, 2024
Open eToro Account
NASDAQ: LTRY
$1.26-0.05 (-3.82%)
Updated Jul 15, 2024
Open eToro Account

FAQ

How much does it cost to buy one Lotterycom share?

As of Jul 15, 2024, it costs $1.26 to buy one share of Lotterycom stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.63, you can buy 0.5 shares of LTRY.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Lotterycom stock?

One way to place an order for Lotterycom stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.