Galaxy Gaming (OTCMKTS:GLXZ) Stock Price Passes Above Two Hundred Day Moving Average – Here’s Why

Galaxy Gaming, Inc. (OTCMKTS:GLXZ)’s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $2.79 and traded as high as $2.89. Galaxy Gaming shares last traded at $2.84, with a volume of 20,796 shares changing hands.

Galaxy Gaming Price Performance

The firm has a market capitalization of $70.60 million, a price-to-earnings ratio of -28.00 and a beta of 1.33. The business’s 50-day moving average price is $2.85 and its 200 day moving average price is $2.79.

Galaxy Gaming (OTCMKTS:GLXZ) last posted its quarterly earnings data on Friday, March 21st. The company reported ($0.03) earnings per share for the quarter. The business had revenue of $7.57 million for the quarter.

Galaxy Gaming Company Profile

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.