Gamehaus (NASDAQ:GMHS) Trading Down 1.9% – Time to Sell?

Gamehaus Holdings Inc. (NASDAQ:GMHS)’s stock price fell 1.9% during trading on Monday . The stock traded as low as $0.96 and last traded at $1.02. 28,751 shares changed hands during mid-day trading, an increase of 100% from the average session volume of 14,370 shares. The stock had previously closed at $1.04.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Gamehaus in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has a consensus rating of “Sell”.

Gamehaus Stock Performance

The company has a market cap of $54.64 million, a PE ratio of 14.57 and a beta of 0.26. The company has a 50 day simple moving average of $1.00 and a two-hundred day simple moving average of $1.18.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Gamehaus stock. Virtu Financial LLC bought a new position in Gamehaus Holdings Inc. (NASDAQ:GMHS) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 27,250 shares of the company’s stock, valued at approximately $39,000. Virtu Financial LLC owned approximately 0.05% of Gamehaus as of its most recent SEC filing. Institutional investors own 63.69% of the company’s stock.

Gamehaus Company Profile

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