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 $1.86, down 4.12% from the previous day, and has decreased 73.85% in one year. It has underperformed other stocks in the Gambling industry by 0.88 percentage points. Lotterycom stock is currently +52.46% from its 52-week low of $1.22, and -86.33% from its 52-week high of $13.60.
There are currently 4.75M LTRY shares outstanding. The market cap of LTRY is $8.83M. In the past 24 hours, 9345 LTRY shares were traded.
How to Buy Lotterycom Stock
Wondering how to invest in Lotterycom stock? Here's how.
- 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.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit funds into your brokerage account: Select your payment method and add your info.
- 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).
- 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.
- 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.
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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- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptos.
Get $10 towards your stock purchase by signing up for an account with eToro today.
Open eToro AccountStep 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.
How to Start a New Brokerage Account on eToro
- 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.
- Provide your personal data to create a new trading account.
- Send your information by pressing the "Create Account" button. Get started with eToro today
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.
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
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 0.25x, relative to Gambling industry P/B ratio of 5.22x
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 $359.83k in cash and short term investments. This is enough to cover its annual cash burn of $2.03M.
Signs that LTRY is not financially healthy:
- LTRY profit margin has gone up by 5.05 percentage points in the past year, but the company is still unprofitable.
- LTRY has cash burn of 2028602. It does not have enough cash and short-term investments to cover this.
- LTRY has a relatively high debt to equity ratio of 0.78.
- There are more short-term liabilities than short-term assets on the LTRY balance sheet.
Metrics for Advanced LTRY Traders
Is LTRY Making Money?
Last year, LTRY revenue was $6.48M. Over the last 4 year, LTRY's revenue has gone up by 36.14% per year. This was faster than the Gambling industry average of 30.13%.
Dive into LTRY's earnings and revenue performance here.
What are LTRY insiders up to?
In the last 12 months, insiders at LTRY have sold more shares than they have bought.
Ald Holdings Group LLC, 10% Owner of LTRY, was the latest LTRY insider to sell. They sold $850,000.00 worth of LTRY shares on May 23, 2023.
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.
LTRY Social Trading Data
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Make your LTRY trade
There are two primary options:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are generally the best for newer 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 an exact price, use a limit order.
Press the Open Trade button and eToro will execute your order.
If you require additional assistance buying stocks on eToro, watch the helpful video below:
Step 6: Track your investment in LTRY
Now that you own some LTRY shares, you'll want to stay up-to-date on your new investment.
Start a watchlist to get notified of important updates regarding your LTRY stock.
LTRY Feed
How to Buy Stock in Lotterycom
To reiterate, here are the 6 steps for buying Lotterycom stock:
- Figure out where to buy Lotterycom stock
- Create a brokerage account
- Deposit funds into your brokerage account
- Research Lotterycom stock
- Make your LTRY trade
- Track your investment in LTRY
If you need a online brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to monitor your new investment in Lotterycom, click below.
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