PointsBet Holdings Limited (OTCMKTS:PBTHF – Get Free Report)’s stock price crossed above its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $0.61 and traded as high as $0.6145. PointsBet shares last traded at $0.6145, with a volume of 600 shares.
PointsBet Stock Performance
The business’s fifty day moving average price is $0.63 and its two-hundred day moving average price is $0.61.
PointsBet Company Profile
PointsBet Holdings Limited is an Australian-founded online wagering company that operated the PointsBet sportsbook brand. The company provided fixed-odds betting on professional and collegiate sports, horse racing and other sporting events through digital platforms, with betting available through websites and mobile applications.
PointsBet was established in Melbourne and expanded internationally, serving customers in Australia and, historically, the United States and Canada. Its platform was known for traditional sports wagers as well as PointsBetting, a form of wagering in which payouts can increase or decrease based on the final margin or outcome of an event.
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