Gamehaus (NASDAQ:GMHS) Issues Earnings Results

Gamehaus (NASDAQ:GMHS) issued its earnings results on Monday. The company reported $0.01 earnings per share for the quarter, Zacks reports.

Gamehaus Price Performance

Shares of NASDAQ GMHS opened at $0.94 on Monday. Gamehaus has a 52 week low of $0.68 and a 52 week high of $2.66. The firm’s fifty day moving average is $0.97 and its 200 day moving average is $0.99. The company has a market cap of $50.28 million, a price-to-earnings ratio of 10.43 and a beta of 0.59.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings lowered shares of Gamehaus from a “sell (d+)” rating to a “sell (d)” rating in a research report on Tuesday, June 2nd. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Sell”.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Gamehaus stock. Virtu Financial LLC bought a new stake in shares of Gamehaus Holdings Inc. (NASDAQ:GMHS) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 27,250 shares of the company’s stock, valued at approximately $39,000. Virtu Financial LLC owned approximately 0.05% of Gamehaus at the end of the most recent quarter. Institutional investors own 63.69% of the company’s stock.

About Gamehaus

Gamehaus Holdings Inc is a mobile game developer and publisher. Gamehaus Holdings Inc is headquartered in Beijing, China.