TipRanksStock Market NewsMaxim Group Remains a Buy on Elys Game Technology (ELYS)

Maxim Group Remains a Buy on Elys Game Technology (ELYS)

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 $8.00. The company’s shares closed last Thursday at $2.12, close to its 52-week low of $2.05.

According to TipRanks.com, Aarde is a 5-star analyst with an average return of 51.5% and a 45.8% success rate. Aarde covers the Technology sector, focusing on stocks such as Summit Wireless Technologies, BIO-key International, and Super League Gaming.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Elys Game Technology with a $8.00 average price target.

See Insiders’ Hot Stocks on TipRanks >>

The company has a one-year high of $6.72 and a one-year low of $2.05. Currently, Elys Game Technology has an average volume of 190.5K.

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