Evolution: How to Profit from Casinos Without the Risk of LosingOMXSTO:EVO CAPITALCOM:USDSEK FOREXCOM:EURSEK
The allure of casinos has always been a double-edged sword-promising riches, but delivering some risks at the same time. Yet, for savvy investors, there’s a way to tap into this lucrative world without rolling the dice. Evolution is introducing itse
Next report date
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EPS estimate
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6.35 USD
1.35 B USD
2.23 B USD
About EVOLUTION AB
Sector
Industry
CEO
Martin Olof Carlesund
Website
Headquarters
Stockhold
Founded
2006
FIGI
BBG00DP9CQS3
Evolution AB engages in the development, production, marketing, and licensing business to business casino solutions to gaming operators. It provides live casino studios, land-based live casino, mobile live casino, and live casino for television. The company was founded by Richard Hadida, Jens von Bahr and Fredrik Osterberg in 2006 and is headquartered in Stockholm, Sweden.
EVOLUTION A/B in demand zoneFor all those interested in the stock we seem to be at a major support. We already bounced once of this area quite a while ago. Currently there are no high-conviction signs of strength on the daily or weekly chart. What can be observed is a bull divergence on the daily on RSI. Trading volumes are tr
12/23/24 - $evvty - Buying $75 small size on dadip12/23/24 :: VROCKSTAR :: OTC:EVVTY
Buying $75 small size on dadip
- solution (software) provider to casinos of all types. IRL, digital
- 80% GM business - like
- 70% EBITDA business - like
- nearly 10% FCF yields - like
- growing top line in teens - like
- some bonky headlines (as is par for the
EVO Elliot-Wave AnalysisDespite the very strong financials, the EVO chart is stuck in a correction since Apr '21.
I think there still is a bit more downside potential. The price should eventually find support in the green box, and ideally start forming a bottom in this area.
Potentially the price could drop even lower,
Hyper growth gem - 10x potential?Evolution AB, a Swedish gaming company specializing in online casino and live dealer games, has seen substantial growth in recent years, fueled by increasing demand for digital gaming experiences and its reputation as a leader in live casino solutions.
Technical analysis:
The stock has been in an
Make it or break it for EvolutionI like OMXSTO:EVO Evolution here. If it can manage long green weekly candles from here it can show strength and I will add to my position. With the OMX30 Stockholm breaking out to All-time-highs I hope Evolution will follow. If it won't show strength here when will it? I will give it a few weeks a
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An aggregate view of professional's ratings.
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