Golden Matrix Group, Inc. (NASDAQ:GMGI) COO Weiting Feng Sells 15,727 Shares

Golden Matrix Group, Inc. (NASDAQ:GMGI) COO Weiting Feng sold 15,727 shares of the stock in a transaction that occurred on Wednesday, April 24th. The shares were sold at an average price of $4.00, for a total value of $62,908.00. Following the transaction, the chief operating officer now directly owns 2,837,688 shares of the company’s stock, valued at $11,350,752. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Golden Matrix Group Stock Down 8.9 %

Shares of Golden Matrix Group stock opened at $3.59 on Wednesday. The stock has a market cap of $131.47 million, a P/E ratio of -179.50 and a beta of 0.53. Golden Matrix Group, Inc. has a 12-month low of $1.95 and a 12-month high of $4.19. The business’s 50 day moving average is $3.04 and its 200-day moving average is $2.71.

About Golden Matrix Group

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.