GAN (GAN) Stock Price, News & Analysis

Company Overview

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. It offers Real Money iGaming, GAN sports retail and online sportsbook, super remote gaming server, Simulated Gaming, iSight Back Office, iBridge Framework, and development services; development, marketing, and customer support services designed to fast-track deployments and provide ongoing operational support services. In addition, the company offers online sports betting, online casino game, and peer-to-peer poker services through its coolbet.com website. It serves regional operators and individual tribal casino operators. GAN Limited was incorporated in 1999 and is headquartered in Irvine, California.

Key Stats

• Today's Range: $1.79 to $1.84
• 50-Day Range: $1.74 to $1.84
• 52-Week Range: $1.17 to $1.85
• Volume: 291,233 shs
• Average Volume: 169,412 shs
• Market Capitalization: $81.57 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

GAN Stock Analysis - MarketRank™

GAN scored higher than 8% of companies evaluated by MarketBeat, and ranked 627th out of 648 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for GAN.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of GAN is -5.97, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of GAN is -5.97, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.26% of the float of GAN has been sold short.

Short Interest Ratio / Days to Cover

GAN has a short interest ratio ("days to cover") of 0.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in GAN has recently decreased by 16.58%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

GAN does not currently pay a dividend.

Dividend Growth

GAN does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.26% of the float of GAN has been sold short.

Short Interest Ratio / Days to Cover

GAN has a short interest ratio ("days to cover") of 0.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in GAN has recently decreased by 16.58%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 1.1 / 5
• News Sentiment: 0.06

News Sentiment

GAN has a news sentiment score of 0.06. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.58 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for GAN this week, compared to 5 articles on an average week.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, GAN insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 8.50% of the stock of GAN is held by insiders.

Percentage Held by Institutions

Only 16.67% of the stock of GAN is held by institutions.

GAN Stock Analysis - Frequently Asked Questions

How have GAN shares performed this year?

GAN's stock was trading at $1.58 at the beginning of the year. Since then, GAN stock has increased by 13.3% and is now trading at $1.79.
View the best growth stocks for 2024 here.

How were GAN's earnings last quarter?

GAN Limited (NASDAQ:GAN) posted its quarterly earnings data on Friday, November, 8th. The company reported $0.04 earnings per share (EPS) for the quarter. The firm had revenue of $37.10 million for the quarter.

When did GAN IPO?

GAN (GAN) raised $48 million in an initial public offering (IPO) on Tuesday, May 5th 2020. The company issued 6,400,000 shares at $6.50-$8.50 per share. B. Riley FBR acted as the underwriter for the IPO and Macquarie Capital was co-manager.

Who are GAN's major shareholders?

Top institutional shareholders of GAN include Geode Capital Management LLC (0.96%), Stifel Financial Corp (0.09%) and XTX Topco Ltd (0.03%). Insiders that own company stock include Dermot S Smurfit, Seamus M Mcgill, Karen Flores and Glenn Anders Karlsen.
View institutional ownership trends.

How do I buy shares of GAN?

Shares of GAN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of GAN own?

Based on aggregate information from My MarketBeat watchlists, some other companies that GAN investors own include Waste Connections (WCN), American Water Works (AWK), AUO (AUOTY), DiamondRock Hospitality (DRH), The RMR Group (RMR), iShares Micro-Cap ETF (IWC) and Voyager Therapeutics (VYGR).

Company Calendar

• Last Earnings: 11/08/2024
• Today: 11/20/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 3/12/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Computer programming, data processing, & other computer related
• Sub-Industry: Computer Software
• Current Symbol: NASDAQ:GAN
• CUSIP: N/A
• CIK: 1799332
• Web: www.gan.com
• Phone: (207) 292-6262
• Fax: N/A
• Employees: 680
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($0.30)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-34,440,000.00
• Net Margins: -9.84%
• Pretax Margin: -10.46%
• Return on Equity: N/A
• Return on Assets: -15.85%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.74
• Quick Ratio: 1.74

Sales & Book Value

• Annual Sales: $129.42 million
• Price / Sales: 0.63
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: ($0.10) per share
• Price / Book: -17.90

Miscellaneous

• Outstanding Shares: 45,570,000
• Free Float: 41,697,000
• Market Cap: $81.57 million
• Optionable: Optionable
• Beta: 2.01