Mobile Global Esports (OTCMKTS:MGAM – Get Free Report) posted its earnings results on Wednesday. The company reported ($0.01) earnings per share for the quarter, Zacks reports.
Mobile Global Esports Stock Performance
Shares of OTCMKTS MGAM traded up $0.00 during midday trading on Wednesday, reaching $0.00. 2,168,290 shares of the company were exchanged, compared to its average volume of 1,233,774. Mobile Global Esports has a one year low of $0.00 and a one year high of $0.17. The stock has a market cap of $312,494.00, a PE ratio of -0.04 and a beta of -3.53.
Mobile Global Esports Company Profile
Mobile Global Esports, Inc (OTCMKTS:MGAM) is an esports and digital entertainment company focused primarily on the mobile gaming market. The company’s activities have centered on organizing and promoting esports competitions, developing gaming-related content, and building opportunities for players, teams, sponsors and audiences.
Mobile Global Esports has identified India and the broader South Asian region as key markets, where mobile gaming and esports have expanded rapidly. Its business model has included tournament operations, team and player management, sponsorship and advertising opportunities, media and digital content, and other commercial activities connected with competitive gaming.
The company has provided limited publicly available information regarding its current operating structure, product portfolio and leadership team.
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