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Allied Gaming & Entertainment (NASDAQ:AGAE) Posts Quarterly Earnings Results

Allied Gaming & Entertainment logo with Consumer Discretionary background

Allied Gaming & Entertainment (NASDAQ:AGAE - Get Free Report) issued its quarterly earnings results on Monday. The company reported ($0.11) earnings per share (EPS) for the quarter, Zacks reports. Allied Gaming & Entertainment had a negative net margin of 184.57% and a negative return on equity of 21.13%.

Allied Gaming & Entertainment Stock Performance

Shares of NASDAQ AGAE traded up $0.06 during mid-day trading on Monday, hitting $1.87. 63,562 shares of the stock traded hands, compared to its average volume of 99,318. The stock has a fifty day moving average price of $2.32 and a 200-day moving average price of $1.45. Allied Gaming & Entertainment has a 52 week low of $0.70 and a 52 week high of $3.79. The company has a market cap of $68.83 million, a price-to-earnings ratio of -6.93 and a beta of 1.69.

Analyst Ratings Changes

Separately, Wall Street Zen upgraded Allied Gaming & Entertainment to a "sell" rating in a research note on Friday, June 27th.

View Our Latest Analysis on AGAE

About Allied Gaming & Entertainment

(Get Free Report)

Allied Gaming & Entertainment, Inc operates as an experiential entertainment company, which engages in the creation of esports venues and live events for both video games and poker. The company was founded in 2017 and is headquartered in New York, NY.

Further Reading

Earnings History for Allied Gaming & Entertainment (NASDAQ:AGAE)

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