Galaxy Gaming (OTCMKTS:GLXZ) Stock Passes Below Two Hundred Day Moving Average - Time to Sell?

Key Points

• Galaxy Gaming (OTCMKTS:GLXZ) stock price has fallen below its two hundred day moving average of $2.83, trading at this level with a volume of 21,456 shares.
• The company's latest quarterly earnings showed $0.04 earnings per share and a revenue of $7.53 million.
• Galaxy Gaming has a market capitalization of $71.73 million and a price-to-earnings ratio of -17.71.

Galaxy Gaming Inc. (OTCMKTS:GLXZ - Get Free Report)'s share price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $2.83 and traded as low as $2.83. Galaxy Gaming shares last traded at $2.83, with a volume of 21,456 shares changing hands.

Galaxy Gaming Stock Up 0.7%

The company has a market cap of $71.63 million, a PE ratio of -17.69 and a beta of 0.98. The company's fifty day moving average is $2.86 and its 200-day moving average is $2.83.

Galaxy Gaming (OTCMKTS:GLXZ - Get Free Report) last announced its earnings results on Friday, August 8th. The company reported $0.04 earnings per share for the quarter. The company had revenue of $7.53 million for the quarter.

Galaxy Gaming Company Profile

Galaxy Gaming, Inc, a gaming company, designs, develops, acquires, assembles, markets, and licenses proprietary casino table games and associated technology, platforms, and systems for the casino gaming industry. The company's proprietary table games comprise side bets, which are proprietary features and wagering options added to public domain games, such as baccarat, pai gow poker, craps, and blackjack table games under the Lucky Ladies, 21+3, Bonus Craps, and EZ Baccarat titles; and premium games, which are stand-alone games with their own set of rules and strategies under the Heads Up Hold 'em, High Card Flush, Cajun Stud, and Three Card Poker names.