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NASDAQ:MSGM

Motorsport Games (MSGM) Stock Price, News & Analysis

$2.00
-0.17 (-7.82%)
(As of 07/26/2024 ET)
Today's Range
$1.95
$2.15
50-Day Range
$2.01
$2.80
52-Week Range
$1.95
$8.71
Volume
43,796 shs
Average Volume
186,658 shs
Market Capitalization
$6.86 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$5.00

Motorsport Games MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
149.4% Upside
$5.00 Price Target
Short Interest
Healthy
2.39% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.48mentions of Motorsport Games in the last 14 days
Based on 7 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.40 out of 5 stars

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

625,000% Gain
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Benchmark Co. Keeps Their Hold Rating on Motorsport Games (MSGM)
Motorsport Gaming Us LLC (MSGM)
See More Headlines
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Company Calendar

Last Earnings
5/07/2024
Today
7/26/2024
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

Price Target and Rating

Average Stock Price Target
$5.00
High Stock Price Target
$5.00
Low Stock Price Target
$5.00
Potential Upside/Downside
+149.4%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

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

Debt

Sales & Book Value

Annual Sales
$8.21 million
Book Value
$0.61 per share

Miscellaneous

Free Float
3,349,000
Market Cap
$6.86 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 this year?

Motorsport Games' stock was trading at $3.09 on January 1st, 2024. Since then, MSGM shares have decreased by 35.1% and is now trading at $2.0050.
View the best growth stocks for 2024 here
.

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 (EPS) for the quarter. The business earned $3.03 million during the quarter. Motorsport Games had a negative net margin of 116.76% and a negative trailing twelve-month return on equity of 318.81%.

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.

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 7/26/2024 by MarketBeat.com Staff

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