Shares of Esports Entertainment Group, Inc. (NASDAQ:GMBL – Get Free Report) fell 7.7% during trading on Wednesday . The stock traded as low as $0.72 and last traded at $0.72. 4,174 shares traded hands during trading, a decline of 98% from the average session volume of 251,281 shares. The stock had previously closed at $0.78.
Esports Entertainment Group Stock Performance
The firm’s fifty day simple moving average is $1.13 and its 200 day simple moving average is $9.21.
Esports Entertainment Group (NASDAQ:GMBL – Get Free Report) last announced its earnings results on Wednesday, March 27th. The company reported ($64.55) EPS for the quarter. The business had revenue of $2.58 million for the quarter.
Hedge Funds Weigh In On Esports Entertainment Group
Esports Entertainment Group Company Profile
Esports Entertainment Group, Inc operates as an iGaming and entertainment company in the United States and internationally. It operates through two segments, EEG iGaming and EEG Games. The EEG iGaming segment operates iDefix, a casino platform. The EEG Games segment operates ggCircuit, a local area network center management software and services for managing mission critical functions, such as game licensing and payments; and creates esports content for distribution to the betting industry.
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