Free Trial

Galaxy Gaming (OTCMKTS:GLXZ) Stock Price Passes Below Two Hundred Day Moving Average - Here's What Happened

Galaxy Gaming logo with Consumer Discretionary background

Key Points

  • Galaxy Gaming Inc. shares fell below their 200-day moving average of $2.83, trading as low as $2.79, before closing at $2.85.
  • The company reported revenue of $7.53 million and earnings per share of $0.04 for the recent quarter ending August 8th.
  • Galaxy Gaming has a market capitalization of $72.13 million and a P/E ratio of -17.81.
  • Five stocks we like better than Galaxy Gaming.

Galaxy Gaming Inc. (OTCMKTS:GLXZ - Get Free Report) shares crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $2.83 and traded as low as $2.79. Galaxy Gaming shares last traded at $2.85, with a volume of 18,817 shares traded.

Galaxy Gaming Stock Performance

The firm has a market capitalization of $72.13 million, a P/E ratio of -17.81 and a beta of 0.98. The firm has a 50 day moving average price of $2.86 and a two-hundred day moving average price of $2.83.

Galaxy Gaming (OTCMKTS:GLXZ - Get Free Report) last released its quarterly earnings data 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.

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.

Featured Articles

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Galaxy Gaming Right Now?

Before you consider Galaxy Gaming, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Galaxy Gaming wasn't on the list.

While Galaxy Gaming currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks to Buy And Hold Forever Cover

Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.

Get This Free Report
Like this article? Share it with a colleague.