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Galaxy Gaming (OTCMKTS:GLXZ) Stock Price Crosses Below 200-Day Moving Average - What's Next?

Galaxy Gaming logo with Consumer Discretionary background

Key Points

  • Galaxy Gaming's stock (OTCMKTS:GLXZ) has fallen below its 200-day moving average, trading at $2.80, which is slightly lower than its average of $2.83.
  • The company reported a quarterly EPS of $0.04 and revenue of $7.53 million during its last earnings announcement on August 8th.
  • Galaxy Gaming, with a market capitalization of $70.92 million, specializes in designing and licensing proprietary casino table games and technology.
  • Five stocks we like better than Galaxy Gaming.

Galaxy Gaming Inc. (OTCMKTS:GLXZ - Get Free Report) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $2.83 and traded as low as $2.80. Galaxy Gaming shares last traded at $2.80, with a volume of 7,963 shares trading hands.

Galaxy Gaming Price Performance

The stock has a market capitalization of $70.92 million, a price-to-earnings ratio of -17.50 and a beta of 0.91. The firm's fifty day moving average is $2.85 and its 200-day moving average is $2.83.

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

About Galaxy Gaming

(Get Free Report)

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.

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