Golden Matrix Group (NASDAQ:GMGI - Get Free Report) is expected to announce its Q4 2024 earnings results before the market opens on Monday, March 24th. Analysts expect the company to announce earnings of ($0.03) per share and revenue of $44.70 million for the quarter. Investors interested in registering for the company's conference call can do so using this link.
Golden Matrix Group Stock Up 3.5 %
NASDAQ GMGI traded up $0.07 during trading on Monday, hitting $2.05. The stock had a trading volume of 138,483 shares, compared to its average volume of 143,242. Golden Matrix Group has a one year low of $1.70 and a one year high of $6.27. The stock has a 50 day simple moving average of $2.01 and a 200 day simple moving average of $2.20. The company has a quick ratio of 0.75, a current ratio of 0.82 and a debt-to-equity ratio of 0.18.
Wall Street Analyst Weigh In
Separately, Maxim Group assumed coverage on Golden Matrix Group in a research note on Friday, February 21st. They set a "buy" rating and a $4.00 price target for the company.
Get Our Latest Stock Report on Golden Matrix Group
Insider Buying and Selling
In other news, insider Aleksandar Milovanovic acquired 50,000 shares of the company's stock in a transaction that occurred on Friday, March 14th. The shares were bought at an average price of $2.17 per share, with a total value of $108,500.00. Following the completion of the purchase, the insider now directly owns 79,264,552 shares in the company, valued at $172,004,077.84. This trade represents a 0.06 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders have purchased 372,514 shares of company stock valued at $719,453 in the last 90 days. Company insiders own 23.20% of the company's stock.
About Golden Matrix Group
(
Get Free Report)
Golden Matrix Group, Inc provides enterprise software-as-a-service solutions for online casino and sports betting operators. The company develops and owns online gaming intellectual property; and builds gaming platforms for customers located primarily in the Asia Pacific region. Its platform facilitates gaming customers in operating online casinos, sportsbooks, lottery, and live games; and provides customers with access to a portfolio of licensed gaming content, which are provided by gaming content providers.
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