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NASDAQ:MSGM

Motorsport Games (MSGM) Stock Price, News & Analysis

$2.54
-0.01 (-0.39%)
(As of 01:25 PM ET)
Today's Range
$2.52
$2.76
50-Day Range
$2.00
$3.30
52-Week Range
$2.00
$8.71
Volume
2,515 shs
Average Volume
224,269 shs
Market Capitalization
$8.69 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
MSGM stock logo

About Motorsport Games Stock (NASDAQ:MSGM)

Motorsport Games Inc. develops and publishes multi-platform racing video games in the United States. It operates through Gaming and Esports segments. The company offers rFactor 2, a realistic racing simulation game; NASCAR Heat Mobile, a racing experience for mobile devices; NASCAR Heat 3, NASCAR Heat 4, NASCAR Heat 5, NASCAR Heat Ultimate Edition, and NASCAR 21: Ignition, which are racing video games; KartKraft, a kart racing simulator; NASCAR Rivals, a racing video game; and Le Mans Ultimate, a official game of the FIA World Endurance Championship and 24 Hours of Le Mans. It also organizes and facilitates esports tournaments, competitions, and events for its licensed racing games, as well as on behalf of third-party racing game developers and publishers. The company offers its products for game consoles, personal computer, and mobile platforms through various retail and digital channels, including full-game and downloadable content. The company was founded in 2018 and is headquartered in Miami, Florida. Motorsport Games Inc. operates as a subsidiary of Motorsport Network LLC.

MSGM Stock Price History

MSGM Stock News Headlines

Benchmark Co. Keeps Their Hold Rating on Motorsport Games (MSGM)
Motorsport Gaming Us LLC (MSGM)
Motorsport Games Announces Sale of Traxion
AEYE, GSIT and VVPR among mid-day movers
Best Xbox 360 Racing Games
See More Headlines
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Company Calendar

Last Earnings
5/07/2024
Today
5/28/2024
Next Earnings (Estimated)
8/19/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Current Symbol
NASDAQ:MSGM
Fax
N/A
Employees
50
Year Founded
N/A

Profitability

Net Income
$-13,050,000.00
Net Margins
-116.76%
Pretax Margin
-130.92%

Debt

Sales & Book Value

Annual Sales
$6.91 million
Book Value
$0.61 per share

Miscellaneous

Free Float
3,349,000
Market Cap
$8.69 million
Optionable
Not Optionable
Beta
2.04
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Key Executives

  • Mr. Stephen Hood (Age 46)
    CEO & President
    Comp: $243.34k
  • Mr. Stanley Beckley (Age 41)
    Interim Chief Financial Officer
    Comp: $209.19k

MSGM Stock Analysis - Frequently Asked Questions

How have MSGM shares performed in 2024?

Motorsport Games' stock was trading at $3.09 at the beginning of 2024. Since then, MSGM shares have decreased by 17.8% and is now trading at $2.54.
View the best growth stocks for 2024 here
.

Are investors shorting Motorsport Games?

Motorsport Games saw a increase in short interest in May. As of May 15th, there was short interest totaling 49,900 shares, an increase of 21.1% from the April 30th total of 41,200 shares. Based on an average daily trading volume, of 343,800 shares, the days-to-cover ratio is currently 0.1 days. Currently, 4.0% of the company's stock are short sold.
View Motorsport Games' Short Interest
.

When is Motorsport Games' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, August 19th 2024.
View our MSGM earnings forecast
.

How were Motorsport Games' earnings last quarter?

Motorsport Games Inc. (NASDAQ:MSGM) announced its quarterly earnings data on Tuesday, May, 7th. The company reported ($0.60) earnings per share for the quarter. The business had revenue of $3.03 million for the quarter. Motorsport Games had a negative trailing twelve-month return on equity of 318.81% and a negative net margin of 116.76%.

When did Motorsport Games IPO?

Motorsport Games (MSGM) raised $58 million in an initial public offering on Tuesday, January 12th 2021. The company issued 3,000,000 shares at $19.00-$20.00 per share. Canaccord Genuity and The Benchmark Company acted as the underwriters for the IPO.

Who are Motorsport Games' major shareholders?

Motorsport Games' stock is owned by many different institutional and retail investors. Top institutional shareholders include Clarity Capital Partners LLC (0.45%).
View institutional ownership trends
.

How do I buy shares of Motorsport Games?

Shares of MSGM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:MSGM) was last updated on 5/28/2024 by MarketBeat.com Staff

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