500.com Limited (NYSE:WBAI) a leading online sports lottery service, is expected to report second quarter earnings results, after market close, on Friday 28th August 2020.
Previous Quarter Performance
500.com Limited came out with loss for the first quarter of $ 0.12 per share, from the revenue of $ 0.43 million.
Stock Performance
Shares of 500.com Limited traded up $ 0.05 or 1.37 percent on Thursday, reaching $ 3.69 with volume of 10.40 thousand shares. 500.com Limited has traded high as $ 3.75 and has cracked $ 3.64 on the downward trend
According to the previous trading day, closing price of $ 3.69, representing a 28.17 % increase from the 52 week low of $ 2.84 and a 68.35 % decrease over the 52 week high of $ 11.50.
The company has a market capital of $ 158.67 million and is part of the Consumer Cyclical sector and Gambling industry.
500.com Limited, through its subsidiaries, provides online gaming services primarily in the Peoples Republic of China and Europe. It operates online gaming sites, such as Multilotto.com or Multilotto.net in Curacao, Malta, the United Kingdom, Ireland, and Sweden, as well as provides users with various casino services, including online slot machines and online table games. The company also operates a sports information portal and a mobile application, which offers real time soccer match information and data-driven soccer match predictions, as well as allows users to post free or pay-per-view contents, such as observations and analyses on the sports information portal; and provides a pay-service, which offers users the ability to connect with independent sports experts to obtain information on specific sporting matches.
