Golden Matrix Group (NASDAQ:GMGI - Get Free Report) will likely be announcing its earnings results on Thursday, February 13th. Analysts expect the company to announce earnings of $0.01 per share and revenue of $44.74 million for the quarter.
Golden Matrix Group (NASDAQ:GMGI - Get Free Report) last posted its quarterly earnings results on Tuesday, November 12th. The company reported ($0.03) earnings per share (EPS) for the quarter. Golden Matrix Group had a negative return on equity of 3.93% and a negative net margin of 3.07%. The company had revenue of $40.99 million for the quarter. On average, analysts expect Golden Matrix Group to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Golden Matrix Group Stock Up 1.1 %
Shares of NASDAQ GMGI traded up $0.02 during mid-day trading on Thursday, hitting $1.86. The stock had a trading volume of 123,219 shares, compared to its average volume of 132,855. The business has a 50 day moving average price of $2.05 and a two-hundred day moving average price of $2.28. Golden Matrix Group has a 1 year low of $1.70 and a 1 year high of $6.27. The company has a quick ratio of 0.75, a current ratio of 0.82 and a debt-to-equity ratio of 0.18.
Insider Buying and Selling
In related news, insider Aleksandar Milovanovic acquired 50,000 shares of Golden Matrix Group stock in a transaction on Monday, February 3rd. The shares were acquired at an average cost of $1.80 per share, with a total value of $90,000.00. Following the transaction, the insider now owns 77,834,303 shares in the company, valued at $140,101,745.40. 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 link. 23.20% of the stock is owned by insiders.
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.
Further Reading
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