Golden Matrix Group (GMGI) to Release Quarterly Earnings on Tuesday

Golden Matrix Group (NASDAQ:GMGI) is set to post its quarterly earnings results before the market opens on Tuesday, November 12th.

Golden Matrix Group Stock Performance

Shares of NASDAQ:GMGI opened at $2.54 on Wednesday. The firm has a 50 day moving average of $2.36 and a 200 day moving average of $2.99. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.95 and a quick ratio of 0.88. Golden Matrix Group has a 52 week low of $2.01 and a 52 week high of $6.27.

Insider Transactions at Golden Matrix Group

In related news, insider Aleksandar Milovanovic acquired 25,000 shares of the company’s stock in a transaction that occurred on Thursday, October 31st. The shares were bought at an average price of $2.35 per share, with a total value of $58,750.00. Following the completion of the transaction, the insider now directly owns 77,462,970 shares in the company, valued at $182,037,979.50. This trade represents a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 23.20% of the company’s stock.

Golden Matrix Group Company Profile

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.