PointsBet (OTCMKTS:PBTHF) Trading 2.2% Higher – Time to Buy?

PointsBet Holdings Limited (OTCMKTS:PBTHFGet Free Report)’s share price shot up 2.2% on Thursday . The company traded as high as $0.61 and last traded at $0.61. 12,477 shares changed hands during mid-day trading, an increase of 154% from the average session volume of 4,906 shares. The stock had previously closed at $0.60.

PointsBet Price Performance

The company’s 50 day simple moving average is $0.58 and its 200-day simple moving average is $0.44.

PointsBet Company Profile

(Get Free Report)

PointsBet Holdings Limited provides sports, racing, and iGaming betting products and services through its cloud-based technology platform in Australia. The company operates through Australian Trading, Canada Trading, and Technology segments. It also engages in the provision of gaming support, pari-mutuel advanced deposit wagering, and business-to-business services, as well as in the retail sports betting and software development activities.

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