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Motorsport Games Inc (MSGM) is not a strong buy at the moment for a beginner investor with a long-term focus. While the RSI indicates the stock is oversold and there is potential for a short-term bounce, the company's financial performance shows significant declines in net income and EPS, which raises concerns about its long-term growth prospects. Additionally, there are no positive news catalysts, trading trends, or proprietary trading signals to support a buy decision. Given the investor's profile and preference for long-term stability, it is better to hold off on investing in MSGM for now.
The stock is currently oversold with an RSI of 19.12, indicating potential for a short-term bounce. However, the MACD is negative and expanding downward (-0.117), suggesting bearish momentum. The stock is trading near its key support level of 3.235, with resistance levels at 4.175 and 4.465. Moving averages are converging, showing no clear trend.
The stock is oversold based on RSI, which could indicate a potential short-term rebound. Gross margin increased significantly YoY to 80.41%, showing some operational efficiency improvement.
Net income dropped significantly (-242.32% YoY), and EPS declined (-177.78% YoY), raising concerns about profitability. No recent news or trading trends from hedge funds, insiders, or Congress to support a positive sentiment. MACD is bearish, and there are no proprietary trading signals to suggest a buy.
In Q3 2025, revenue increased by 71.94% YoY to $3,100,018, but net income dropped by -242.32% YoY to $789,296. EPS also declined by -177.78% YoY to 0.14. Gross margin improved to 80.41%, up 39.53% YoY, indicating better cost management but insufficient to offset profitability concerns.
No recent analyst ratings or price target changes are available for MSGM.
