GAN Limited (NASDAQ:GAN - Get Free Report)'s share price traded down 0.5% on Monday . The company traded as low as $1.81 and last traded at $1.82. 321,749 shares traded hands during trading, an increase of 87% from the average session volume of 171,604 shares. The stock had previously closed at $1.83.
GAN Stock Performance
The business has a 50-day simple moving average of $1.80 and a two-hundred day simple moving average of $1.64.
GAN (NASDAQ:GAN - Get Free Report) last posted its quarterly earnings data on Friday, November 8th. The company reported $0.04 earnings per share for the quarter. The company had revenue of $37.10 million for the quarter.
Hedge Funds Weigh In On GAN
A number of large investors have recently modified their holdings of GAN. Clear Harbor Asset Management LLC raised its stake in shares of GAN by 17.2% during the 2nd quarter. Clear Harbor Asset Management LLC now owns 77,099 shares of the company's stock worth $114,000 after buying an additional 11,299 shares in the last quarter. Skandinaviska Enskilda Banken AB publ purchased a new position in shares of GAN during the 2nd quarter worth approximately $479,000. Geode Capital Management LLC raised its stake in shares of GAN by 2.2% during the 3rd quarter. Geode Capital Management LLC now owns 436,926 shares of the company's stock worth $774,000 after buying an additional 9,260 shares in the last quarter. Renaissance Technologies LLC increased its stake in GAN by 3.0% in the 2nd quarter. Renaissance Technologies LLC now owns 777,817 shares of the company's stock valued at $1,147,000 after purchasing an additional 22,700 shares in the last quarter. Finally, Oddo BHF Asset Management Sas purchased a new position in GAN in the 3rd quarter valued at approximately $3,676,000. 16.67% of the stock is owned by hedge funds and other institutional investors.
GAN Company Profile
(
Get Free Report)
GAN Limited operates as a business-to-business (B2B) supplier of enterprise software-as-a-service solutions to online casino gaming and sports betting applications in the United States, Europe, Latin America, and internationally. It operates through two segments: B2B and B2C. The company provides and licenses GameSTACK, an internet gaming platform that provides turnkey technology solution for regulated real-money internet gambling, online sports betting, and virtual simulated gaming.
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