tiprankstipranks
TipRanksStock Market NewsElys Game Technology (ELYS) Gets a Buy Rating from Maxim Group
Blurbs

Elys Game Technology (ELYS) Gets a Buy Rating from Maxim Group

In a report released yesterday, Jack Vander Aarde from Maxim Group reiterated a Buy rating on Elys Game Technology (ELYSResearch Report), with a price target of $5.00. The company’s shares closed last Friday at $1.10, close to its 52-week low of $1.07.

According to TipRanks.com, Aarde is a 5-star analyst with an average return of 41.6% and a 39.9% success rate. Aarde covers the Technology sector, focusing on stocks such as WiSA Technologies, Inc., BIO-key International, and Super League Gaming.

Currently, the analyst consensus on Elys Game Technology is a Moderate Buy with an average price target of $5.00, which is a 320.2% upside from current levels. In a report released yesterday, H.C. Wainwright also reiterated a Buy rating on the stock with a $5.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Elys Game Technology’s market cap is currently $28.65M and has a P/E ratio of -1.68.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Newgioco Group, Inc. is a vertically integrated company, which engages in the operation of licensed gaming. It offers online casino, sports betting, virtual sports betting, bingo, and poker. The company was founded on August 26, 1998 and is headquartered in Toronto, Canada.

Read More on ELYS:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More